Jio Platforms IPO: Reliance-backed ₹30,213 crore issue opens October 21

Jio Platforms' ₹30,213 crore initial public offering, backed by Reliance Industries Limited, is set to open for subscription on Wednesday, October 21.

The grey market premium stands between ₹245 and ₹249, hinting at an expected listing gain of 22.25% with a projected debut at ₹1,368 per share on October 28.

The issue consists of 27 crore fresh shares priced in a band of ₹1,065 to ₹1,119, requiring retail investors to invest a minimum of ₹13,428.