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The IPO is entirely a fresh issue of up to 27 crore equity shares, priced at ₹1,065–₹1,119 per share. It opens today and closes Friday, with proceeds of up to ₹30,213 crore at the upper end of the price band.
Jio Platforms’ IPO is set to open for subscription today, with an issue size of ₹30,213 crore, surpassing Hyundai Motor India’s ₹27,870 crore offering as India’s largest IPO.