Jio’s IPO expected in May: Company will file draft papers soon, this will be the country’s biggest IPO till date
Reliance Jio may file draft papers for IPO in May. Earlier Reliance’s target was to file papers by the end of March. However, this timeline was pushed back due to the market downturn caused by the Iran war. This could be the country’s biggest IPO. Jio will leave Hyundai behind in valuation. Investment bank Jefferies…