Reliance Jio IPO at Rs 10 lakh crore valuation: What analysts see in the price band

What happened: Jio Platforms set a price band of Rs 1,065-1,119 per share for its IPO, opening October 21 and closing October 23, with anchor bidding on October 19. Key numbers: Top-end valuation about Rs 10.3 lakh crore. Fresh issue of up to 27 crore shares. Rs 28,755 crore at lower end, about Rs 30,213 crore at cap price. Jio ARPU Rs 215.6 versus Airtel Rs 264. Why it matters: Analysts call the pricing fair to mildly conservative, with limited margin of safety and moderate listing upside. The valuation sits below earlier estimates near $170 billion, now closer to $108 billion.

Reliance Jio IPO valuation and analyst price band views drive high relevance.

Reliance Jio IPO valuation and analyst price band views drive high relevance. — impact context not separately stored; see What changed.