Jio Platforms opens Rs 30,213 Cr IPO for subscription

"Jio Platforms, the digital services arm of Reliance Industries, has opened its Rs 30,213 crore initial public offering (IPO) for subscription on Wednesday. The issue will close on October 23. The company has fixed the price band at Rs 1,065-1,119 per share. The IPO comprises a fresh issue of 27 crore equity shares, with no offer-for-sale component. The issue includes a reservation of shares worth up to Rs 500 crore for eligible employees and Rs 2,500 crore for eligible shareholders…