The Economic Times

Exclusive | Countdown begins for the mother of all IPOs: Jio likely to file RHP today for record Rs 30,000 crore issue

Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become Indias largest-ever share sale. The Reliance Industries subsidiary is expected to open the issue for subscription from October 21 to 23. The IPO may value Jio at up to Rs 10.3 lakh crore, with a likely price band of Rs 1,0651,119 per share. Existing investors are not expected to sell their stakes.