Jio Platforms $3.8 billion mega-IPO: share sale opens October 21

Jio Platforms is heading for a $3.8 billion initial public offering, with the share sale set to open on October 21 in what would rank among India's largest-ever listings.
At $3.8 billion, the offering would sit comfortably among the biggest IPOs in Indian market history — a measure of how far Jio Platforms has grown from a telecom upstart into a digital conglomerate spanning connectivity, devices and enterprise services.
The October 21 opening gives anchor investors a clear date and sets up a festive-season market moment, when retail participation traditionally runs hot.
Watchers will read the pricing and subscription numbers as a verdict on India's appetite for mega-tech listings in a year that has already seen record foreign selling of equities.


