Jio Platforms IPO: Price band fixed at ₹1,065– ₹1,119 per share; minimum bid lot set at 12 shares

Jio Platforms, the digital services arm of Reliance Industries, has fixed its IPO price band between ₹1,065 and ₹1,119 per share, with the offer opening next week. At the upper end, the issue is expected to raise around ₹30,213 crore, making it the largest IPO in Indian stock market history, surpassing Hyundai Motor India's ₹27,870 crore issue in 2024. Eligible employees will get a discount of ₹54 per share, with a minimum bid lot of 12 equity shares of face value ₹10.