Source: Reuters (via feed)
Reliance Jio Platforms has hired 17 banks to manage its stock listing in Mumbai. The company will not raise any new funds through this initial public offering. The listing will allow some shareholders to exit their holdings, according to four sources familiar with the matter. Reliance Jio Platforms is linked to Indian billionaire Mukesh Ambani.
BizTrendWire Insight:
Reliance Jio’s Mumbai listing involves multiple banks and allows some shareholders to sell their holdings.
Reliance Jio’s Mumbai listing involves multiple banks and allows some shareholders to sell their holdings.
