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Jio Platforms IPO Opens For Subscription Today With Strong Support
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News18•21-10-2026, 10:03
Jio Platforms IPO Opens For Subscription Today With Strong Support
- •Jio Platforms IPO opened for subscription at 10 AM today with the price band fixed at 1065 to 1119 rupees per share.
- •The company raised around 8109.84 crore rupees from anchor investors ahead of the public issue.
- •Reliance Industries plans to issue up to 27 crore fresh shares under this public offering.
- •Domestic stock markets opened with gains amid mixed global cues and positive Asian market trends.
- •Crude oil prices and retail investor response will play a crucial role in market movement today.
Key Questions Answered
The price band for the Jio Platforms IPO has been fixed at ₹1,065 to ₹1,119 per share, with the company issuing up to 27 crore fresh shares under the issue.
Even before the public issue opened for subscription, Jio raised approximately ₹8,109.84 crore from major institutional anchor investors.
The domestic stock market opened with gains alongside mixed global cues. Asian markets like Kospi and Nikkei registered gains of around 3.1%, and US markets closed higher in the previous trading session with the Dow Jones rising by 1.02% and the S&P 500 by 0.28%.
