Jio Platforms files final IPO prospectus with ₹1,065-1,119 price band

Reliance Industries subsidiary Jio Platforms filed its final red herring prospectus for an initial public offering consisting of a fresh issue of up to 27 crore equity shares.

The subscription window opens on Wednesday, October 21, and closes on Friday, October 23, with anchor bidding scheduled for October 19 and a price band set at ₹1,065 to ₹1,119 per share.

At the cap price, the issue size reaches ₹30,213 crore, making it set to surpass Hyundai Motor India's 2024 record as India's largest IPO.