Jio Platforms Ltd. has announced public offering of 269999999 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 1,109.00 per share. The gross proceeds of the issue are expected to be Rs 30,21,299.99 lakhs.
The company's initial public offer (IPO) will open on 21 October 2026 and is expected to close on 23 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 1,065.00-1,119.00 per share.
The IPO includes a fresh Issue of 269999999 Equity Shares of the Company at an price of Rs 1,119.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 12 shares with bids in multiples of 12.
Jio Platforms Ltd. anticipates using the proceeds of the issue for .
JP Morgan India Private Limited.,Citigroup Global Markets India Private Limited,CLSA India Private Limited,HSBC Securities and Capital Markets (India) Privat,Kotak Mahindra Capital Company Limited,JM Financial Ltd.,BofA Securities India Limited,Axis Capital Ltd.,IIFL Capital Services Limited,SBI Capital Markets Ltd.,BNP Paribas,Jefferies India Pvt. Ltd.,HDFC Bank Ltd.,Morgan Stanley India Company Pvt. Ltd.,DAM Capital Advisors Ltd.,Goldman Sachs (India) Securities Pvt. Ltd.,360 ONE WAM Ltd.,UBS Securities India Pvt. Ltd.,ICICI Securities Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.