Reliance Industries shareholders may still have a route into the shareholder quota of the Jio Platforms IPO, but the window is narrowing fast as India’s most-awaited public issue moves closer to launch. Jio Platforms, the telecom and digital services arm of Reliance Industries, plans to open its IPO on October 21 and raise about $3.8 billion, Reuters reported.
The shares are expected to list on October 28, making it potentially India’s biggest-ever IPO if the reported size holds.