Economy
Reliance Jio IPO Sets Price Band at ₹1,065 to ₹1,119

Reliance Jio IPO Sets Price Band at ₹1,065 to ₹1,119

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THE BRIEF
1

Jio Platforms announced an initial public offering of 27 crore fresh equity shares priced between ₹1,065 and ₹1,119 per share to raise ₹30,213 crore.

2

The grey market premium indicated estimated listing gains of 19.75% ahead of the subscription window opening on October 21, 2026.

3

The public issue is scheduled to close on October 23, 2026, with share allotments finalised on October 26 and a market debut on October 28.