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Jio Platforms opens Rs 30,213 crore IPO on Wednesday as Airtel raises postpaid tariffs by Rs 50

Jio Platforms' offer dilutes equity by only 2.9 per cent, so analysts expect little short-term shift of investment from Bharti Airtel. Airtel's postpaid plans now start at Rs 499, and analysts expect a wider tariff hike in the December quarter.

Jio's offer size and dilution beside Airtel's postpaid price move
Jio Platforms IPO size
₹30,213 crore
Equity dilution in Jio fresh offer
2.9 per cent
Airtel postpaid tariff hike
₹50
Airtel postpaid plans start at
₹499
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Newer report , , Mint : Reliance urges its 419,911 staff to back $3.2 billion Jio Platforms IPO, releasing October salaries about 15 days early

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  1. Jio Platforms IPO to raise over Rs 37,000 crore and clear almost $3 billion net debt, says Akash Ambani, , Indian Express
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Reported figures

From the report. Source details below

Airtel share gain over past week: 6 per cent

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