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Digital services major Jio Platforms Ltd’s initial public offering (IPO), expected to be the country’s largest, will open for subscription on October 21.
The IPO will close on October 23, and bidding by anchor investors will take place on October 19, according to its Red Herring Prospectus (RHP) filed on Wednesday.
The company has reserved shares worth up to Rs 500 crore for eligible employees and up to Rs 2,500 crore for eligible shareholders of Reliance Industries Ltd (RIL).
Individuals and Hindu Undivided Families (HUFs) holding public equity shares of RIL as of October 14 are eligible to apply under the shareholder reservation category, subject to applicable rules and regulations.