From mint · Vaamanaa Sethi · · 1m
Reliance Jio IPO: Should investors buy RIL shares before listing?
Reliance Jio IPO price band sets ₹1,065, 1,119 per share for investors.
In brief
Reliance Jio IPO price band sets ₹1,065, 1,119 per share for investors. Investors should assess RIL's valuation and Jio's growth before buying shares ahead of Reliance Jio Platforms IPO listing. Originally reported by mint.
Reliance Jio IPO price band
The Jio Platforms IPO price band is ₹1,065, ₹1,119 per share.
IPO fundraising target
The IPO is expected to raise ₹28,755 crore to ₹30,213 crore.
Employee discount
Reliance offers ₹54-per-share discount for employee reservation category.
Shareholder reservation
Up to ₹2,500 crore in shares reserved for shareholders.
Record date for shareholders
Record date for shareholder reservation was October 14, 2026.
Investor outlook
Experts suggest RIL shares could reach ₹1,260, 1,275 with potential to cross ₹1,300.
Investor advice
Investors should evaluate RIL's valuation and Jio's growth before buying shares.
Market timing caution
Short-term investors should avoid chasing shares at elevated prices.
The bottom line
Investors should assess RIL's valuation and Jio's growth before buying shares ahead of Reliance Jio Platforms IPO listing.
