Market SignalThursday, October 15, 2026

Jio Platforms Plans India's Largest IPO at $3.6B Alongside Zetwerk Listing

Sourced from 3 publications

•Jio Platforms' IPO opens October 21-23 at Rs 1,065-1,119 per share, targeting Rs 30,213 crore in what would be India's largest public offering
•Zetwerk's IPO is open October 15-19 with a price band of Rs 143-151 per share, aiming to raise Rs 5,012.33 crore
•India's government expects to raise Rs 88,000 crore via disinvestment in FY27, surpassing its Rs 80,000 crore Budget target for the first time since FY19
•The IDBI Bank stake sale of Rs 26,000 crore is the largest single contributor to the government's disinvestment proceeds
•Jio plans to use most IPO proceeds for debt repayment as it expands beyond its core telecom business

Sources

Zetwerk IPO Opens Today: Check GMP, Subscription, Listing, Allotment Details; Sh...

Ndtvprofit

Centre Set To Exceed FY27 Disinvestment Target After IDBI Bank's Rs 26,000-Crore...

News18

Jio Platforms IPO Price Band Set At Rs 1,065-1,119; India's Biggest-Ever Issue T...

News18

Jio Platforms IPO: Opening Date, Price Band, GMP, Issue Size, Key Dates And All...

News18

Ambani’s Jio seeks to raise $3.2B in what could be India’s biggest IPO

TechCrunch

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Curated from 3 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.