Announced Fri, 19 Jun · 14:20 IST
Jio Platforms IPO: Board approves DRHP for up to 27 crore shares
Capital Market Events View source PDF
RELIANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹1331.70
prior close
₹1333.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.9-1.3-1.3-0.5-1.9-1.4-1.1-2.4-1.9-2.7-0.7——
Up moveDown movePending
AI summary
Reliance Industries' material subsidiary Jio Platforms has approved its Draft Red Herring Prospectus (DRHP) for a proposed IPO. The issue will be a fresh issue of up to 27 crore equity shares of face value Rs. 10 each. The price will be determined through the book-building process under SEBI norms. The IPO remains subject to receipt of required regulatory approvals.
Likely market impact
Jio Platforms listing could unlock significant value for RIL shareholders. Issue size, valuation and listing gains will be key to watch.