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via economictimes.indiatimes.comCapital Markets

Jio IPO opens tomorrow: how to maximise allotment under the Rs 2,500 crore RIL shareholder quota

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

The much-anticipated Reliance Jio Platforms IPO is launching for public subscription starting October 21, 2023. Shareholders of Reliance Industries can benefit from a Rs 2,500 crore reservation aimed at maximizing their investment opportunities. Those eligible are encouraged to…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA large IPO can weigh on market liquidity and the parent stock, though the impact is uncertain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Reliance Jio Platforms IPO opens for public subscription from October 21.
  2. 02A Rs 2,500 crore quota is reserved for Reliance Industries shareholders.
  3. 03Shares are priced between Rs 1,065 and Rs 1,119, with allotments on October 26.

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