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Published Wed, 14 Oct, 2026 · 22:52 IST
Jio Platforms IPO confirms RIL reservation quota — How will it impact Reliance share price? Experts' views
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Awaiting price reaction for this filing.
AI summary
Jio Platforms, the digital arm of Reliance Industries, filed its IPO Red Herring Prospectus with the Registrar of Companies, Gujarat, with a price band of 1,065 to 1,119 per equity share. The public issue, expected to raise between 28,755 crore and 30,213 crore, will open on 21 October 2026 for listing on BSE and NSE. The company confirmed a shareholders' quota of up to 2,500 crore for eligible RIL shareholders, with October 14, 2026 set as the cutoff date, alongside a 54 per share employee rebate.