India, Oct. 14 -- Reliance Industries (RIL) has informed the bourses that its telecom subsidiary Jio Platforms has filed its red herring prospectus with the RoC, Ahmedabad, for an IPO that is set for public subscription on October 21 and close on October 23. Anchor bidding for the issue will take place on October 19 (Monday).

The IPO will comprise a fresh issue of up to 27 Cr equity shares with a face value of Rs.10 each. As per erstwhile reports, Jio's IPO size is expected to be over Rs.30,000 Cr.

RIL informed that the IPO will compose a Rs.500 Cr portion reserved for eligible employees and up to Rs.2,500 Cr for eligible shareholders of RIL. The shareholder reservation is open to eligible individual and Hindu Undivided Family (HUF) pub...