New Delhi, Oct. 18 -- Reliance Industries' digital and telecom arm, Jio Platforms, is set to launch its IPO in the price range of Rs.1,065 to Rs.1,119 per share. At the upper end of the band, the issue is expected to raise Rs.30,213 crore, which could make it the biggest IPO in India.

The public offering will consist of a fresh issue of up to 27 crore equity shares with a face value of Rs.10 each. The subscription window will run from 21 October to 23 October, while bidding by anchor investors is scheduled for 19 October, as per Reliance Industries' regulatory filings.

Jio Platforms IPO GMP today, or grey market premium, is +235. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated li...