{
  "id": 12131330,
  "title": "Jio plans to launch IPO on October 21: Listing, face value and key details",
  "url": "https://urgent.news/2026/10/05/jio-plans-to-launch-ipo-on-october-21-listing-face-value-and-key",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T10:13:33.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/jio-plans-to-launch-ipo-on-october-21-listing-face-value-and-key-details/articleshow/134691011.cms"
  },
  "original_language": "en",
  "account": "Mukesh Ambani's Jio Platforms is preparing to launch a massive IPO, potentially raising $3.8 billion in public market offerings, according to two sources familiar with the matter. The digital services arm of Reliance Industries aims to open its issue on October 21, with shares debuting on the market by October 28, as per reports. The proposed IPO follows a series of investor meetings in the US, UK, Dubai, Hong Kong, and Singapore, leading to the company's final filing with the Securities and Exchange Board of India (Sebi) expected in the week beginning October 12. The IPO would be the largest in India's history, surpassing Hyundai Motor India's $2.9 billion offering in 2024 and the National Stock Exchange's $2.3 billion IPO. Jio Platforms is seeking a valuation between $143-146 billion, with around 27 crore shares to be issued, representing 2.9% of the company's post-issue equity base. The shares will trade at a face value of Rs 10, and the issue is expected to be listed on both the BSE and NSE.",
  "summary": "Mukesh Ambani's Jio Platforms is preparing for a significant IPO to raise approximately $3.8 billion. The IPO is expected to open on October 21 and shares will debut on October 28. This IPO aims to reduce debt and will involve a fresh issue of equity shares. Jio Platforms seeks a valuation between $143 billion and $146 billion through this offering. Reliance Industries, owning about 66.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "Jio Platforms likely to launch IPO on October 21, seeks to raise $3.8 bn",
        "url": "https://urgent.news/2026/10/05/jio-platforms-likely-to-launch-ipo-on-october-21-seeks-to-raise-3-8-bn",
        "published": "2026-10-05T08:36:24.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}