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Jio Platforms will issue 27 crore shares through a fresh issue, with no offer for sale componentShares of Reliance Industries rallied nearly 3 per cent on Thursday after its digital services subsidiary, Jio Platforms, disclosed the details of its initial public offering (IPO), which is set to becom…
Reliance Industries shareholders had to buy shares by October 13 to qualify for Jio Platforms Rs 2,500 crore shareholder quota. The IPO opens October 21, with shares priced at Rs 1,065-1,119 and listing expected October 28.
Reliance Jio has fixed a record date of October 14, 2026, for eligible shareholders of Reliance Industries. This date will determine who can apply for the reserved shares under the shareholder quota. The IPO aims to raise approximately Rs 30,213 crore through fresh equity shares. Eligible investors must apply under…