Jio's record Rs 30,000 crore IPO RHP filing today drives high relevance.
Context
What happened: Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India's largest-ever share sale. The issue is expected to open for subscription from October 21 to 23.
Key numbers: Rs 30,000 crore issue size; valuation up to Rs 10.3 lakh crore; price band Rs 1,065 to 1,119 per share; subscription October 21 to 23.
Why it matters: The listing could rank as India's largest share sale, and existing investors are not expected to sell their stakes.
Coverage: 4 outlets in 24h
What changed
Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India's largest-ever share sale. The issue is expected to open for subscription from October 21 to 23.