INDIA MARKET LENS
IPO◆ MixedIPO & Listings

Jio Platforms IPO: Who qualifies for employee and Reliance shareholder quotas? Rules for up to 3 applications per person

Reliance Industries is in focus in an ipo & listings development.

· LiveMint Markets

Jio Platforms' IPO has reserved quotas for eligible Reliance Industries shareholders and employees. Who qualifies, how much can they bid, and can one person submit up to three applications using one PAN? Here's a look at eligibility criteria, bid limits and multiple-application rules.

Against that, the stock is -0.3% on the day at ₹1,211.20, and has returned -6.6% over three months. It sits 24% below its 52-week high. The oil & energy sector has moved -3.2% over the same period, so Reliance Industries is running 3.4 points behind its peers.

For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.

  • Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
  • The company directly in focus is RELIANCE.
  • Sector exposure: Oil & Energy.
RELIANCEOil & Energy