Exclusive | Countdown begins for the mother of all IPOs: Jio likely to file RHP today for record Rs 30,000 crore issue

Jio may take a significant step toward its initial public offering by filing its red herring prospectus today, according to the source. The proposed issue is valued at Rs 30,000 crore and has been described as a record offering.

Filing could mark a major IPO milestone

The expected filing is the latest point in the countdown to Jio’s public issue. A red herring prospectus is a key document associated with an IPO, and its filing would place the proposed offering at an important stage.

The Rs 30,000 crore size is central to the significance of the issue. The source characterises the planned offering as the “mother of all IPOs,” highlighting the scale attached to the proposed transaction.

What happens next

The immediate development to watch is whether Jio files the document today as expected. The information provided does not include further details on pricing, share allocation or the timeline for the offering.

For now, the proposed Rs 30,000 crore issue remains the focus as the countdown continues toward a potential market debut.