Corporate Action14 Oct 2026, 08:20 pm
Jio Platforms IPO Price Band Set: ₹1,065-₹1,119
AI Summary
Jio Platforms Limited (JPL), a subsidiary of Reliance Industries Ltd, has announced the price band for its proposed Initial Public Offer (IPO). The IPO Committee of JPL's Board of Directors approved a price range of ₹1,065 to ₹1,119 per equity share. Eligible employees will receive a discount of ₹54 per equity share. The minimum bid lot for the IPO has been set at 12 equity shares. This announcement follows the earlier filing of the Red Herring Prospectus by JPL.
Key Highlights
- Jio Platforms IPO price band set between ₹1,065 and ₹1,119.
- Employees to receive a ₹54 per share discount.
- Minimum bid lot fixed at 12 equity shares.
- Red Herring Prospectus filed earlier for the IPO.
- Reliance Industries Ltd subsidiary Jio Platforms is going public.
Price Impact
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