Jio Platforms IPO set for November with ₹37,700 crore target
after close1 source ↓written by the desknot a recommendation
- issue could raise
- ₹37,700 crore
- per share
- ₹1,350-₹1,450
Jio Platforms is finalizing preparations for its IPO, targeting November for launch. The issue could raise ₹37,700 crore, making it India's largest public offering. While the price band is speculated to be between ₹1,350-₹1,450 per share, this has not been officially confirmed by the company or regulators.
The IPO's success may significantly impact market sentiment, particularly in the telecom sector. Traders should monitor developments closely as the final details are expected soon.
Not investment advice. For informational purposes only.