Jio Platforms Sets IPO Price Band at Rs 1,119; Issue Could Raise Rs 30,213 Cr

Jio Platforms has fixed its IPO price band at Rs 1,065-1,119 per share, with the issue potentially raising Rs 30,213 crore at the top end, which would make it India's largest-ever IPO. Subscription opens October 21 and closes October 23, with listing expected on October 28.

• Price band set at Rs 1,065-1,119 per share; issue could raise Rs 30,213 crore
• Subscription runs October 21-23; anchor bidding October 19; listing October 28
• Would surpass Hyundai Motor India's Rs 27,858.75 crore record set in 2024
• Employees get a Rs 54 per share discount, with up to Rs 500 crore reserved