# Reliance Jio IPO: $100bn valuation

> Manish Chokhani salutes Mukesh Ambani as Jio Platforms targets $100bn valuation with 500m customers.
- Title: Reliance Jio IPO: $100bn valuation · mint | Shortify
- Summary: Manish Chokhani salutes Mukesh Ambani as Jio Platforms targets $100bn valuation with 500m customers. Jio Platforms' IPO aims to raise ₹30,213 crore with 500…
- Keywords: reliance jio, mukesh ambani, jio platforms, ipo, 500 mn customers, $100 bn valuation, riliance industries, ipo price band, news, india, Reliance, Jio
- Source: mint — https://livemint.com/market/stock-market-news/reliance-jio-ipo-salute-mukesh-ambani-ace-investor-manish-chokhani-on-500-mn-customers-100-bn-valuation-11792409784245.html
- Author: A Ksheerasagar
- Published: 2026-10-19T12:51:46+00:00
- Read time: 1 min
- Topics: reliance jio, mukesh ambani, jio platforms, ipo, 500 mn customers, $100 bn valuation, riliance industries, ipo price band, news, india
## Jio Platforms IPO details
Jio Platforms' IPO opens October 21 with a price band of ₹1,065, ₹1,119 per share.
## IPO size and impact
The fresh issue could raise about ₹30,213 crore, making it India's largest IPO.
## Investor interest
Global and domestic investors reportedly eye nearly ₹2.5 lakh crore in commitments.
## Investor participation
Sovereign wealth funds and asset managers like BlackRock express interest in anchor book participation.
## Employee discounts
Eligible employees receive ₹54 discount per equity share on subscription.
## Manish Chokhani's praise
Chokhani highlights Jio's growth from zero to 500 million customers with $100 billion valuation.
## Mukesh Ambani saluted
Chokhani salutes Reliance Industries Chairman Mukesh Ambani for Jio's achievement.
## Key takeaway

Jio Platforms' IPO aims to raise ₹30,213 crore with 500 million customers and a $100 billion valuation.