Jio Platforms IPO Opens at 10.3 Lakh Cr

Reliance Industries Limited launches the Jio Platforms IPO on October 21 with a price band of ₹1,065, ₹1,119 per share. Mukesh Ambani reportedly urged 4.2 Lakh employees to invest. The ₹30,213 Cr offering values the company at around ₹10.3 Lakh Cr at the upper end, earmarking ₹27,500 Cr for debt repayment.