Rs 30,213 crore, 100 minutes, Rs 2.5 lakh crore: How Jio IPO broke 3 records even before listing
· economictimes.indiatimes.com
Reliance Industries Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming Indias largest-ever public offering and getting fully subscribed within 100 minutes of opening. The IPO surpasses Hyundai Motor Indias Rs 27,870 crore issue in 2024. At the upper end of its Rs 1,065–1,119 price band, Jio Platforms is valued at around Rs 10.3 lakh crore. The issue closes on October 23.
Synopsis
Reliance Industries’ Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming India’s largest-ever public offering and getti...