Jio Platforms IPO: ₹30,000 Crore Issue Opens October 21, Valuation At ₹10.3 Lakh Crore

Jio Platforms, Reliance Industries' telecom and digital services arm, is set to make history with what is billed as India's largest IPO. The ₹30,000-crore issue is scheduled to open on October 21, with a price band of ₹1,065–₹1,119 per share and a potential valuation of ₹10.3 lakh crore at the upper end. Unlike several major IPOs, the issue is entirely a fresh share sale, meaning the proceeds will go to the company. With 530 million users and a growing digital footprint, Jio's listing marks a significant milestone for Reliance's capital markets journey.