Reliance Jio IPO priced at Rs 1350-1450 per share, size Rs 37,700 crore

Jio Platforms, parent of India's largest telecom operator Reliance Jio, is set for the biggest IPO in Indian market history at Rs 37,700 crore. The listing is expected in November with a price band of Rs 1350-1450 per share; SEBI has approved the filing, though Reliance has not officially confirmed the range.

• IPO size of Rs 37,700 crore would be India's largest ever
• Price band seen at Rs 1350-1450 per share, listing expected in November
• Up to 27 crore shares, about 2.9% of the company, to be offered
• Rs 27,500 crore of proceeds earmarked to repay Jio's debt