Jio IPO To Open For Subscription On October 21

Reliance Industries (RIL) has informed the bourses that its telecom subsidiary Jio Platforms has filed its red herring prospectus with the RoC, Ahmedabad, for an IPO that is set for public subscription on October 21 and close on October 23. Anchor bidding for the issue will take place on October 19 (Monday). The IPO will comprise a fresh issue of up to 27 Cr equity shares with a face value of ₹10 each.