Jio Platforms sets IPO price band at Rs 1,065-1,119
Jio Platforms’ initial public offering (IPO) will open for subscription on October 21 and close on October 23, with the company setting a price band of Rs 1,065-1,119 per share. The issue could raise around Rs 30,200 crore at the upper end of the band, making it the country’s largest-ever public offering, surpassing Hyundai Motor India’s Rs 27,800-crore IPO in October 2024. The anchor investor bidding is scheduled for October 19, Reliance Industries said in a regulatory filing on Wednesday.
