Jio Platforms set a price band of ₹1,065 to ₹1,119 per share for its initial public offering, according to reports on 14 October. The proposed fresh issue comprises up to 27 crore shares.
At the upper end of the band, the offering could raise approximately ₹30,213 crore. The announced timetable places the anchor-investor opening on 19 October and public bidding from 21 to 23 October.
Those dates were still in the future when this edition was prepared. The price band and proposed proceeds are offer terms, rather than an exchange trading price, completed fundraising total or guarantee of a gain after listing.