Reliance Jio set its IPO price band at Rs 1,065, 1,119 per share, valuing the company at about Rs 10.3 lakh crore and raising Rs 28,755, 30,213 crore via a fresh issue. Opening October 21, 23, analysts largely call the valuation fair but caution that much growth may already be priced in, limiting scope for large listing gains.
