#jio-platforms-ipo
Jio Platforms' ₹30,213-crore IPO opens; India's biggest share sale
Jio Platforms' ₹30,213-crore IPO, India's largest share sale, opened for subscription and closes on October 23. The price band is ₹1,065-1,119 and the issue is a fresh sale of up to 27 crore shares. The ₹8,110-crore anchor book was subscribed over 30 times. Listing is expected on October 28.
Jio's Rs 30,213-crore IPO sold out in 100 minutes, smashes India's share-sale record
Reliance's Jio Platforms IPO of Rs 30,213 crore was fully subscribed within 100 minutes of opening on Wednesday, making it India's largest-ever share sale. It overtakes Hyundai Motor India's Rs 27,870-crore issue of 2024. The price band is Rs 1,065-1,119; the issue closes on October 23 and lists on October 28.