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Jio Platforms heading towards becoming net debt-free after Rs 30,213 crore IPO, says Akash Ambani

Image: Moneycontrol.com. Rights remain with the publisher.

Jio Platforms is heading towards becoming net debt-free, Akash Ambani said, as the company prepares to use proceeds from its Rs 30,213-crore IPO to repay borrowings and strengthen its balance sheet.

Market Mastery Webinar by Vishal Malkan Find the weak links in your portfolio by Vishal Malkan Jio Platforms is heading towards becoming a net debt-free company as it prepares to use the proceeds from its Rs 30,213-crore initial public offering (IPO)... [3092 chars]

Read the full report on Moneycontrol.com

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Section
Business
Topics
Stock market
First reported by
Moneycontrol.com
Published
Thursday, 15 October 2026, 4:42 pm IST
Coverage
One outlet so far

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