The planned IPO of Indian Jio Platforms comprises up to 270 million shares. The subscription period begins on October 21 and ends on October 23, Bloomberg News reports, citing parent company Reliance Industries.
Institutional anchor investors may submit bids on October 19. The offering includes shares worth 25 billion rupees reserved for Reliance shareholders and 5 billion rupees for employees. The company filed its IPO prospectus on Wednesday.
