Jio IPO Likely to Open on October 21, List on October 28

Jio Platforms is preparing for its initial public offering, with the issue likely to open on October 21 and list on October 28, subject to market conditions. The IPO will consist entirely of fresh shares, with proceeds primarily used to repay ₹27,500 crore of Reliance Jio Infocomm's borrowings. The company has received encouraging feedback from foreign and domestic investors.