Jio Platforms sets IPO price band at ₹1,065-1,119, targets to raise record ₹30,213 crore

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 14 Oct, 16:36 UTC

According to the draft red herring prospectus (DRHP), the company plans to issue up to 27 crore equity shares with a face value of ₹10 each. At the cap price, that works out to ₹30,213 crore, by calculation. That is about 8 per cent above the record set by Hyundai Motor India, whose ₹27,858.75…

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• T1Jio Platforms sets IPO price band at ₹1,065-1,119, targets to raise record ₹30,213 croreEconomic Times — Tech / Technology / Startups / ETTelecom14 Oct, 16:36