Jio Platforms Launches IPO with Price Band of Rs 1,065–1,119, Valuing Company at $108 Billion

Jio Platforms has opened its initial public offering, setting a price band of Rs 1,065 to Rs 1,119 per share. The offer documents value the company at roughly $108 billion. Investors can apply for shares in lots of 12 or multiples of 12 shares, allowing for flexible participation. The pricing and valuation reflect the company’s extensive telecom and digital services footprint, positioning it as one of the largest IPOs in India’s recent history. The launch is expected to attract significant institutional and retail interest as the market evaluates the share price within the defined band.