BusinessPhoto: Business StandardJio Platforms to Launch India's Largest IPO on October 21
Jio Platforms Ltd, controlled by Reliance Industries and home to Reliance Jio, will launch its IPO on October 21 with a price band of ₹1,065-1,119 per share. The IPO aims to raise up to ₹30,213 crore, valuing the company at about ₹10.3 trillion. It includes up to 270 million equity shares. Subscription closes on October 23, with anchor bidding on October 19. This will surpass Hyundai Motor India's ₹27,800 crore IPO, becoming India's largest.
Business Standard·



