Jio Platforms Prepares for Mega IPO to Raise ₹30,213 Crore

Mukesh Ambani's Jio Platforms is preparing for an initial public offering with a reported price band of ₹1,065 to ₹1,119 per share, aiming to raise up to ₹30,213 crore.

The mega issue is expected to value the company at up to ₹10.3 lakh crore, putting it on track to surpass Hyundai Motor India as the country's largest-ever IPO.

The public subscription period is scheduled from October 21 to October 23, following an anchor investor opening on October 19, 2026.