Jio Platforms IPO opens, price band set at ₹1,065-₹1,119
In short
Jio Platforms’ IPO opened today. The price band is ₹1,065 to ₹1,119 per share, and the lot size is 12 shares. The company has already raised ₹8,110 crore from anchor investors.
This matters because investors are now deciding whether to apply. The reporting says most analysts favor the issue, but the final demand and listing result are still unknown.
What the reporting says
Jio Platforms’ IPO opened for subscription today with a price band of ₹1,065 to ₹1,119 per share and a lot size of 12 shares. The publisher summary says the issue is India’s largest IPO, that most analysts recommend subscribing, and that ₹8,110 crore has already been raised from anchor investors. The immediate next step is subscription demand, while final investor appetite and listing performance remain unknown.
Why it matters
Jio Platforms’ IPO opened today with a price band of ₹1,065 to ₹1,119 per share and a lot size of 12 shares. The publisher summary says it is India’s largest IPO, notes that most analysts recommend subscribing, and reports ₹8,110 crore raised from anchor investors. The key unknowns are total subscription demand and how the stock will perform after listing.