Jio Platforms IPO set to switch fully to fresh issue amid investor price conflict report

Higher pricing could make the IPO too big to absorb

Jio Platforms’ IPO plans are reportedly being reshaped, with the public issue now likely to be entirely a fresh issue rather than an offer for sale. The change is linked to disagreements among existing investors over the price band. Back-and-forth could affect retail investors if listing-day performance disappoints, even as discussions with global funds continue.