Reliance Jio IPO opens with ₹30,213 crore issue
In short
Reliance Jio’s IPO opened today. Jio Platforms set a price band of ₹1,065 to ₹1,119 per share and aims to raise about ₹30,213 crore by selling 27 crore fresh shares.
This matters because it is a major market fundraising event. The report does not say how much interest the issue has received or what the listing price may be.
What the reporting says
Reliance Jio IPO opened for subscription today, with Jio Platforms fixing a price band of ₹1,065 to ₹1,119 per share and expecting to raise about ₹30,213 crore through a fresh issue of 27 crore shares. The report does not say how much demand has come in or how the listing will perform. It is still unclear whether the issue will be fully subscribed.
Why it matters
Reliance Jio’s IPO opened for subscription today, with Jio Platforms setting a price band of ₹1,065 to ₹1,119 per share and targeting about ₹30,213 crore through a fresh issue of 27 crore shares. The available reporting does not say subscription levels, investor demand, or final listing expectations. The immediate market relevance is the size of the fundraise and the stock offering structure.