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Business

Jio's ₹30,213-cr IPO priced at 34x earnings, below Bharti Airtel's 39x

Business Standard ·
Jio's ₹30,213-cr IPO priced at 34x earnings, below Bharti Airtel's 39x

Jio Platforms' ₹30,213-crore IPO opens on October 21 at a price band of ₹1,065-₹1,119 a share, valuing the firm at ₹10.3 trillion, with proceeds earmarked for debt repayment

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