Jio Platforms Ltd - IPO

Jio Platforms Ltd IPO Details

Initial public offer of up to 270,000,000 equity shares of face value of Rs.10/- each (equity shares) of Jio Platforms Limited (the company or issuer) for cash at a price of Rs.[*] per equity share (including a securities premium of Rs.[*] per equity share) (issue price) aggregating up to Rs.[*] crores (the issue). The issue includes a reservation of up to [*] equity shares of face value of Rs.10/- each for cash at a price of Rs.[*] each, aggregating up to Rs.[*] crores (constituting up to [*]% of the issue, for subscription by eligible employees (employee reservation portion) and a reservation of up to [*] equity shares of face value of Rs.10/- each for cash at a price of Rs.[*] each, aggregating up to Rs.[*] crores (constituting up to [*]% of the issue), for subscription by eligible RIL shareholders (RIL shareholders reservation portion). The issue less the employee reservation portion and RIL shareholders reservation portion is hereinafter referred to as net issue. The issue and the net issue shall constitute [*]% and [*]% of the post-issue paid up equity share capital, respectively. The face value of the equity share is Rs.10/- each. The issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.

Objective of issue

Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, RJIL. General corporate purposes.

Jio Platforms Ltd Contact Details

Jio Platforms Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - jpl.investorrelations@jio.com

Website - www.jio.com