Jio IPO: Google, Meta, 8 others retain their stake in India’s largest offer worth Rs 35,000 crore

As Jio Platforms moves closer to what is expected to be one of India’s largest-ever stock market listings, its draft red herring prospectus (DRHP) offers a rare look at the global investors who backed Mukesh Ambani’s digital vision well before the IPO plans took shape. Notably, the issue does not include an offer-for-sale (OFS), signalling that existing shareholders have opted to retain their stakes rather than cash out at the time of listing. Here’s the full list of top 10 global investors.

Meta affiliate Jaadhu Holdings is the largest shareholder with a 9.98% stake, owning 892.3 million shares.

Google International LLC follows with a 7.73% holding comprising 690.9 million shares.

Singapore-based SLP Redwood Holdings - The company owns 1.88% stake in the company, Jio’s DRHP showed.

Mubadala's MIC Redwood 1 RSC holds 1.85%, according to the company’s DRHP with Sebi.

The investment major owns 1.34% in the telecom giant, official IPO documents showed.

Abu Dhabi Investment Authority-backed Platinum Jasmine A 2018 Trust - Per official IPO documents, it owns 1.16% stake in the company.

TPG-managed India Markets rounds out the top shareholder list with a 0.93% stake.

Saudi Arabia's Public Investment Fund, KKR-backed Omicron Asia Holdings II and Vista Equity Partners-backed VEPF VII AIV I, each holding 2.31% stake in the company.
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