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Jio Platforms sets ₹1,065 to ₹1,119 price band for ₹30,213 Cr IPO opening 21 October

Jio Platforms filed its RHP with SEBI for an issue closing 23 October, while haircare startup Traya is in early talks with Verlinvest to raise around $31 Mn. The offer is entirely a fresh issue of 27 Cr equity shares.

The offer's size, price band and valuation, beside Q1 FY27 earnings
IPO size
₹30,213 crore
Price band per share
₹1,065 to ₹1,119
IPO valuation
₹10.3 Lakh Cr
Q1 FY27 net profit
₹7,764 crore

Newer report , , Mint : Reliance urges its 419,911 staff to back $3.2 billion Jio Platforms IPO, releasing October salaries about 15 days early

Reported figures

From the report. Source details below

Jio Platforms IPO valuation: ₹10.3 Lakh Cr
Jio Platforms Q1 FY27 operating revenue: ₹39,173 Cr
Jio Platforms Q1 FY27 net profit: ₹7,764 Cr
Traya potential valuation: ₹3,000 Cr
Traya annualised revenue rate: ₹900 Cr to ₹1,000 Cr

The source

Source Read the source at Inc42

Published

Also reported by News18, Moneycontrol, Free Press Journal Business, India Today, Medianama, Business Today, The Hindu BusinessLine, CNBC-TV18, Mint, Deccan Herald Business, Business Standard

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