Reliance Jio IPO, Oct. 10 -- Mukesh Ambani's Jio Platforms is preparing for a mega initial public offering (IPO) that could rank among India's largest public issues by fundraising. With a reported price band of Rs.1,065 to Rs.1,119 per share, the offering is expected to raise up to Rs.30,213 crore and value the company at as much as Rs.10.3 lakh crore, or approximately $106 billion.

With this, Jio IPO is on track to dethrone Hyundai Motor India Limited to become India's largest-ever IPO.

Key dates: The proposed IPO involves up to 27 crore fresh equity shares, with no Offer for Sale (OFS) component from existing institutional shareholders, according to the details provided. The issue is expected to open for anchor investors on October 19...