Cyril Amarchand Mangaldas and Shardul Amarchand Mangaldas & Co have acted as the Indian legal counsel to Jio Platforms Limited on the proposed initial public offering of equity shares of the company. Khaitan & Co and White & Case acted as the domestic and international counsels the book running lead managers on this transaction.
The BRLMs on this proposed IPO include Kotak Mahindra Capital, Morgan Stanley India, BofA Securities India, Axis Capital, BNP Paribas, Citigroup Global Markets India, CLSA India, DAM Capital Advisors, Goldman Sachs Securities, HDFC Bank, HSBC Securities and Capital Markets, ICICI Securities, IIFL Capital Services, Jefferies India, JM Financial, J.P. Morgan India, SBI Capital Markets, UBS Securities India and 360 ONE WAM.
Jio Platforms has filed the draft red herring prospectus in connection with the IPO on June 19, 2026, with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited.
The IPO is expected to be among the largest public offerings in the history of India’s capital markets.
The IPO comprises a fresh issue of up to 270,000,000 equity shares of face value of INR 10 each. The IPO remains subject to receipt of the requisite regulatory approvals, and the issue price shall be determined in accordance with the applicable laws.
CAM’s team was lead by partner regional co-head – capital markets – West Devaki Mankad along-with principal associates Rushab Dhandokia , Jhalak Shah, Tanushri More and Akash Joshi, senior associate Raksha Raina, Urmil Shah, Sakshi Sharma and Anuj Gupta, and associates Hitesh Nagpal, Archit Jain, Aniruddh Saraswat, Arikta Shetty, Anomitra Debnath, Divyanshu Singh, Akshat Sharma, Alok Antony, Mann Agrawal and Mitali Mangalam.
Senior partners L. Viswanathan, Yash J. Ashar and partner – head capital markets Manan Lahoty provided strategic guidance on the transaction.
SAM’s transaction team is being led by partner Nikhil Naredi, along with principal associate Chinmay Sethia, principal associate Tarun Srikanth, senior associate Shruthi Hariharan, senior associate Sridutt Mishra, and associates Ankita Singh, Najeeb Din, Aryans Singh, Soundarya Mathavan, Dhanashree Singe, Avani Sharda, Gayathri Krishnan and Anshika Tyagi.
Partner and national practice head – capital markets Prashant Gupta provided strategic inputs to the transaction.
Khaitan’s core team consisted of executive director Sudhir Bassi, partners Aditya George Cheriyan and Priya Awasthi, principal associate Tishita Mukherjee, senior associate Anshul Mordia, senior associate Hrithik Khurana, senior associate Ira Pandya, senior associate Aayush Virani, and associates Nibha Yadav, Ria Chaudhary, Vanshika Singh, Aayushi Poddar, Aryan Agarwal, Avantika Tanwar, Hrishi Kapadia and Mehar Sharma.
The White & Case team advising on the transaction is led by partners Rahul Guptan (London) and Kaya Proudian (Singapore), with support from partner Steven Gee (New York), local partner James Hsiao (Hong Kong), counsel Royston Tan (Hong Kong) and associates Tarang Nagar (London), Ji Yang Lim (Singapore), Daniel Park (New York), Hassan Said (Cairo) and Yuning Zhou (Hong Kong).
