India’s largest IPO opens on 21 October, as Jio Platforms lists

• Jio Platforms opens India’s largest IPO on 21 October, at a price band of Rs 1,065 to Rs 1,119 a share.
At the top end it raises about Rs 30,213 crore and values the company at Rs 10.3 lakh crore.
That edges past Hyundai Motor India’s Rs 27,870 crore offer in 2024, the previous largest.
The valuation has come down from about $131 billion expected in June to roughly $106 billion now.

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