Exclusive | Countdown begins for the mother of all IPOs: Jio likely to file RHP today for record Rs 30,000 crore issue
Reliance Industries is preparing to launch its subsidiary Jio Platforms for an initial public offering (IPO). The company is expected to file its Red Herring Prospectus (RHP) today, marking the formal start of the process. This share sale is anticipated to be one of the largest in Indian history, potentially raising around Rs 30,000 crore.
For investors, this IPO is significant as it will be the first major public offering from the Reliance stable in over a decade. The offering is expected to value Jio at a massive Rs 10.3 lakh crore. A key point for existing shareholders is that the company's promoters are not planning to sell their stakes in this round, which could signal long-term confidence in the business.
Investors should watch for the final pricing band and the subscription status once the issue opens. The IPO is scheduled for subscription from October 21 to 23. It will be crucial to monitor the grey market premium and the overall market sentiment during this period to gauge the demand for the issue.
Excerpt from Economic Times
Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India’s largest-ever share sale. The Reliance Industries subsidiary is expected to open the issue for subscription from October 21 to 23. The IPO may value Jio at up to Rs 10.3 lakh crore, with a likely price band of Rs…Read the original at Economic Times
Affected stocks
Bullish1 stockBull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Reliance Industries (RELIANCE).
- Category: IPO.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development for Reliance Industries and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
















