Reliance Industries rises as Jio Platforms sets IPO price band at Rs 1,065-1,119
Mumbai, Oct. 15 -- Jio Platforms has fixed the IPO price band at Rs 1,065-1,119 per equity share. Eligible employees bidding under the employee reservation portion will receive a discount of Rs 54 per share. The minimum bid lot is 12 equity shares, with bids accepted in multiples of 12 shares.
The IPO will open for subscription on 21 October 2026 and close on 23 October 2026. The anchor investor bidding date is 19 October 2026.
The issue includes a reservation of shares worth up to Rs 500 crore for eligible employees and up to Rs 2,500 crore for eligible shareholders of Reliance Industries. Shareholder eligibility is determined based on holdings as of 14 October 2026, the date the RHP was filed.
The proposed IPO comprises a fresh issue...
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