Jio Platforms plans ₹37,700 crore IPO amid market scrutiny
after close1 source ↓machine-written, see hownot a recommendation
- aiming to raise
- ₹37,700 crore
- for subscription
- 21 Oct 2023
- per share
- ₹1,150–1,220
- a valuation
- ₹11 trillion
Billionaire Mukesh Ambani is set to launch Jio Platforms' IPO, aiming to raise ₹37,700 crore. The issue opens for subscription on 21 Oct 2023, with a price band of ₹1,150–1,220 per share. With a valuation of ₹11 trillion, investor interest will focus on its market leadership and growth potential amid a selective IPO environment.
Not investment advice. For informational purposes only.