Reliance Is Said to Start Work on Draft Prospectus for Jio’s Likely Record IPO

Reliance Industries Ltd. has started work on an initial draft prospectus for a listing of Jio Platforms Ltd., people familiar with the matter said, in what is expected to be...

By Rajesh Mascarenhas, Baiju Kalesh, Sanjai P R · Bloomberg Markets

Reliance Industries Ltd. has started work on an initial draft prospectus for a listing of Jio Platforms Ltd., people familiar with the matter said, in what is expected to be India’s biggest-ever initial public offering.