Jio Platforms Set Stage For India’s Largest IPO At ₹10.3 Lakh Cr Valuation

by · Inc42

SUMMARY

  • Jio Platforms has set a price band of ₹1,065-₹1,119 per share for its IPO, which would be worth ₹30,213 Cr at the upper end
  • The upper end of the price band implies a valuation of around ₹10.3 Lakh Cr, making this India’s largest-ever IPO
  • Jio’s IPO will open for public subscription on October 21 and close on October 23 with anchor bidding to take place on October 19