# Jio Platforms Sets $3.2 Billion IPO Terms

> Jio Platforms aims to raise $3.2 billion in India's largest potential IPO, using funds to repay debt at Reliance Jio Infocomm.
- Title: Jio Platforms Sets $3.2 Billion IPO Terms · TokenPost
- Summary: Jio Platforms aims to raise $3.2 billion in India's largest potential IPO, using funds to repay debt at Reliance Jio Infocomm. Jio Platforms plans to issue…
- Keywords: jio platforms, reliance industries, ipo, telecom, reliance jio infocomm, debt repayment, crypto, finance, Jio, Platforms, Sets, Billion
- Source: TokenPost — https://tokenpost.com/news/business/32100
- Published: 2026-10-14T21:54:52+00:00
- Read time: 1 min
- Topics: jio platforms, reliance industries, ipo, telecom, reliance jio infocomm, debt repayment, crypto, finance
## Jio Platforms IPO Plan
Jio Platforms plans to raise up to $3.2 billion in an offering that would set a record for India if completed, with most proceeds designated to repay debt at its telecom subsidiary.
## Share Price Range
The Reliance Industries unit plans to sell up to 270 million new shares at ₹1,065 to ₹1,119 each, with the IPO opening Oct. 21 and closing Oct. 23.
## Debt Repayment Strategy
Jio plans to use up to $2.9 billion to repay debt at Reliance Jio Infocomm, with remaining proceeds for general corporate purposes.
## Key takeaway

Jio Platforms plans to issue up to 270 million shares at ₹1,065 to ₹1,119 each for a $3.2 billion IPO, with most proceeds repaying debt at its telecom subsidiary.