Reliance Jio Files RHP, Announces October IPO Dates
Reliance Jio has filed its red herring prospectus for an initial public offering scheduled from October 21 to 23. This IPO is set to be India's largest public issue, offering 27 crore fresh shares. Reservations are made for Reliance Industries shareholders and employees. The company intends to use most proceeds to repay borrowings as investors evaluate its valuation.
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