Mega Jio Platforms IPO leads Rs 31,663 crore offerings with 9 listings this week.
Context
What happened: Jio Platforms and Paras Healthcare will open IPOs on October 21 and close on October 23, part of Rs 31,663 crore in offerings this week, alongside nine scheduled listings.
Key numbers: Jio Platforms seeks Rs 30,213 crore; Paras Healthcare Rs 1,450 crore at Rs 660-693 per share. Jio targets about Rs 10.3 lakh crore valuation, with Rs 27,500 crore of proceeds for debt repayment.
Why it matters: Jio's issue would rank among India's largest, and the proceeds would fund debt reduction at Reliance Jio Infocomm. Paras swung to profit in FY26 from a loss of Rs 57.98 crore in FY25.
What changed
Jio Platforms and Paras Healthcare will open IPOs on October 21 and close on October 23, part of Rs 31,663 crore in offerings this week, alongside nine scheduled listings.