Jio Platforms IPO price band set at Rs 1,065-Rs 1,119
India, Oct. 15 -- Jio Platforms, the digital services and telecommunications arm of Reliance Industries, has fixed the price band for its initial public offering (IPO) at Rs 1,065-Rs 1,119 per equity share. The issue will open for subscription on 21 October 2026 and close on 23 October, with the company aiming to raise up to Rs 30,213 crore at the upper end of the price band.
The IPO Committee of Jio Platforms' board approved the price band at a meeting on 14 October. Anchor investor bidding is scheduled for 19 October.
At the upper end of the price band, the offering is set to become India's largest IPO by issue size, surpassing Hyundai Motor India's Rs 27,870 crore public offering in 2024.
The IPO comprises a fresh issue of up to 27 ...
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