Economy
Jio Platforms IPO reserves up to ₹2,500 crore for eligible RIL shareholders

Jio Platforms IPO reserves up to ₹2,500 crore for eligible RIL shareholders

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THE BRIEF
1

Jio Platforms has reserved equity shares worth up to ₹2,500 crore for eligible Reliance Industries shareholders in its upcoming initial public offering.

2

The mega IPO will open for subscription from October 21 to October 23, 2026, with anchor bidding scheduled for October 19 and a price band of ₹1,065 to ₹1,119 per share.

3

At the upper end of the price band, the issue is expected to raise approximately ₹30,213 crore, making it India's largest stock market IPO to date.