BusinessPhoto: JagranReliance Jio Plans IPO and Expansion to Germany
Reliance Jio is preparing for its largest IPO, aiming to raise ₹30,188 crore with a price band of ₹1065-1119 per share. The IPO will open on October 21. The company, led by Isha and Akash Ambani, is also planning to expand internationally, including into Germany. The grey market price for Jio's IPO has surged from ₹125 to ₹230 in two weeks.
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