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Reliance Jio Set To File IPO Papers Today, Says Mukesh Ambani

The proposed IPO would offer a fresh issue of up to 27 crore equity shares of face value of ₹10 each, the company said

Reliance Chairman Mukesh Ambani

Reliance Jio is set to file the initial public offering (IPO) papers with the Securities and Exchange Board of India (SEBI) on Friday, said Mukesh Ambani, MD and Chairman at the firm's Annual General Meeting (AGM).

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The proposed IPO would offer a fresh issue of up to 27 crore equity shares of face value of ₹10 each, the company later said in a regulatory filing.

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