Jio Platforms IPO: RHP filed, subscription Oct 21 to 23
RELIANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts more than Nifty 100 and 4.3 pts more than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Reliance subsidiary Jio Platforms filed its Red Herring Prospectus on Oct 14 for up to 27 crore fresh equity shares (Rs 10 face value). Up to Rs 500 crore reserved for Jio employees, Rs 2,500 crore for eligible RIL shareholders. Anchor bidding Oct 19, IPO open Oct 21 to 23.
Eligible RIL shareholders get priority reservation up to Rs 2,500 crore in Jio IPO. Listing could unlock value for Reliance.