Jio to file IPO papers in 3 weeks, seeks ₹11.09 lakh cr valuation: Report

Reliance Industries' telecom arm, Jio Platforms, is expected to file its draft red herring prospectus (DRHP) for an IPO with the SEBI in the next two to three weeks, Mint reported. The move comes as part of company's plan to sell a 2.5% stake. The IPO is expected to value the company at up to $120 billion (₹11.09 lakh crore).