Jio announces price band for over Rs 30,000 crore IPO. Check key dates, GMP and other details

What happened: Jio announced the price band for its IPO at Rs 1,065-1,119 per share. Key numbers: Price band Rs 1,065-1,119 per share. At the lower end, Jio Platforms could raise Rs 28,755 crore. At the cap price, the IPO size would rise to about Rs 30,213 crore. Why it matters: The IPO size depends on where the issue is priced within the band, ranging from Rs 28,755 crore to about Rs 30,213 crore.

Jio announced the price band for its IPO at Rs 1,065-1,119 per share.

The IPO size depends on where the issue is priced within the band, ranging from Rs 28,755 crore to about Rs 30,213 crore.