Jio Platforms filed draft papers for an IPO consisting of a fresh issue of up to 27 crore equity shares with a face value of Rs 10, to be priced via book building. Reliance Industries holds more than 66 percent of Jio Platforms, while Google International and Meta Platforms hold 7.7 percent and nearly 10 percent respectively. The filing was approved by the Jio Platforms board and announced at Reliance Industries' 49th Annual General Meeting.