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Ambanis Jio said to seek about Rs 11 lakh crore valuation in IPO

Jio Platforms is reportedly seeking a valuation of around Rs 11 lakh crore for its planned IPO, below earlier estimates of up to $170 billion. The telecom and digital services arm of Reliance Industries could launch the issue in the week of October 19 and list before October 30, Bloomberg reported.

6 Oct 2026 1:19 pm