Jio Platforms Sets IPO Price Band at Rs.1,065–Rs.1,119 Per Share
The offering is expected to raise Rs.30,213 crore at the upper end of the price range, potentially making it the largest.
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The offering is expected to raise Rs.30,213 crore at the upper end of the price range, potentially making it the largest.
* Shares of Reliance Industries up 2.2% at 1,200.8 rupees * Digital arm Jio Platforms set a price band of 1,065 rupees to 1,119 rupees per share for its IPO * Jio Platforms is set to raise up to $3.2 billion in India's largest IPO to date * IPO expected to open on October 21 and close on October 23 * Jio to offer 270 m
Jio Platforms set a minimum bid lot of 12 shares for the offering. The IPO is set to open next week.
Jio Platforms set a price band of 1,065 to 1,119 rupees per share for its IPO. The filing describes it as set to be India's biggest-ever IPO.
Jio Platforms Ltd. is said to be pricing its planned IPO at Rs.1,065–1,119 per share, according to people familiar with the matter.
Jio Platforms Ltd. is set to price its planned IPO within a ₹1,065 to ₹1,119 per-share band, according to people familiar with the matter.