Jio Platforms IPO, Oct. 7 -- India's biggest-ever IPO Jio Platforms IPO is likely to hit the primary market on 21 October and likely to be priced around Rs.1,300- Rs.1,450 per share, according to media reports.

The proposed issue size of around Rs.37,700 crore could make the Jio Platforms IPO one of India's largest public offerings. For RIL shareholders, however, the bigger question is not simply the size of the IPO but how the market values Jio's telecom, digital, cloud, 5G and emerging artificial intelligence businesses.

According to Seema Srivastava, Senior Research Analyst at SMC Global Securities, the IPO could provide independent price discovery for Jio's businesses, whose value has so far remained embedded within RIL's diversifie...