Home / Business / Business News / Article / Jio Platforms IPO: Price band set at Rs 1,065 to Rs 1,119 per share for India's largest issue

Jio Platforms IPO: Price band set at Rs 1,065 to Rs 1,119 per share for India's largest issue

At the upper end of the price band, the company will raise about Rs 30,213 crore, making it the largest public issue in the country. Hyundai Motor India's Rs 27,870-crore IPO in 2024 is the largest issue in India, so far

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Representational Image. File pic.

Representational Image. File pic.

Jio Platforms, the digital services division of Reliance Industries, has filed the Red Herring Prospectus (RHP) on Wednesday and plans to launch its initial public offering (IPO) on October 21, at a price band of Rs 1,065 to Rs 1,119 per share for the public issue, according to news agency PTI.

Jio Platforms had filed the Red Herring Prospectus on Wednesday, with the Registrar of Companies, Gujarat at Ahmedabad, for the IPO, Reliance Industries said in a regulatory filing.

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