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Jio Platforms IPO Price Kept Low to Create Long-Term Wealth for Shareholders Says Isha Ambani
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News18•15-10-2026, 21:20
Jio Platforms IPO Price Kept Low to Create Long-Term Wealth for Shareholders Says Isha Ambani
- •Isha Ambani stated that the Jio Platforms IPO pricing reflects Reliance's core philosophy of generating long-term shareholder value.
- •The IPO price band is set between Rs 1,065 and Rs 1,119 per share, with subscription open from October 21 to October 23.
- •The public offering aims to raise Rs 30,213 crore by offering 27 crore shares, targeting a valuation of around Rs 10.3 lakh crore.
- •Jio Platforms is scheduled to officially list on the stock exchange on October 28.
- •Isha Ambani highlighted that business acumen is in their DNA, focusing on future growth rather than short-term gains.
Key Questions Answered
The price band for the Jio Platforms IPO has been set at Rs 1,065 to Rs 1,119 per share, with the issue size reaching up to Rs 30,213 crore for 27 crore fresh shares.
The public subscription for the Jio Platforms IPO will be open from October 21 to October 23, 2026, with anchor bidding on October 19 and the stock market listing scheduled for October 28.
According to Isha Ambani, the objective of keeping the IPO pricing low and attractive is to create long-term value and wealth for shareholders so they can grow alongside Jio Platforms.
