Jio Targets Up to $3.2 Billion in Potential Record India Listing

Jio Platforms plans to raise up to $3.2 billion in what could be India's largest stock market debut. The Reliance Industries digital unit set a price range of ₹1,065 to ₹1,119 per share for up to 270 million new shares, valuing the company at about $108.3 billion at the top end.