CLAT GurukulSamudraManthan

Topic 193 · Answers

Jio Platforms Rs 30,213 crore IPO

All 10 answers, each with its Book 1 RATNA fact. Try the questions first

  1. Question 1Answer D

    Bidding for the Jio Platforms IPO, which opened on 21 October 2026, closed on which date?

    • 22 October
    • 24 October
    • 25 October
    • Correct answer: 23 October

    Core Trigger: Jio Platforms' roughly Rs 30,213 crore IPO opened on 21 October 2026, with bidding closing on 23 October.From Book 1 RATNA, topic 193, point 1

  2. Question 2Answer D

    The Jio Platforms IPO had a lot size of how many shares?

    • 10
    • 15
    • 20
    • Correct answer: 12

    Price Band: The price band was Rs 1,065-1,119 per share, with a lot of 12 shares.From Book 1 RATNA, topic 193, point 2

  3. Question 3Answer B

    Jio Platforms is a subsidiary of which company?

    • Tata Sons
    • Correct answer: Reliance Industries
    • Bharti Airtel
    • Adani Enterprises

    Promoter: Jio Platforms is a subsidiary of Reliance Industries, whose chairman is Mukesh Ambani.From Book 1 RATNA, topic 193, point 3

  4. Question 4Answer B

    Reports say the issue was fully subscribed within about how long?

    • 30 minutes
    • Correct answer: 100 minutes
    • 4 hours
    • One day

    Speed Record: Reports say the issue was fully subscribed within about 100 minutes, the fastest for an Indian mega issue.From Book 1 RATNA, topic 193, point 4

  5. Question 5Answer A

    Listing of the shares was tentatively expected on which date?

    • Correct answer: 28 October 2026
    • 26 October 2026
    • 27 October 2026
    • 30 October 2026

    Timeline: Allotment was expected on 26 October and listing tentatively on 28 October 2026; final subscription multiples are not confirmed.From Book 1 RATNA, topic 193, point 5

  6. Question 6Answer C

    Which firm is the registrar to the Jio Platforms IPO?

    • Link Intime
    • Bigshare Services
    • Correct answer: KFin Technologies
    • Cameo Corporate

    Stakeholders: Kotak Mahindra Capital, Morgan Stanley, BofA Securities, Goldman Sachs and JP Morgan are among the lead managers; KFin Technologies is registrar.From Book 1 RATNA, topic 193, point 6

  7. Question 7Answer D

    On which stock exchanges are the shares to list?

    • NSE and MCX
    • BSE and India INX
    • BSE and NCDEX
    • Correct answer: NSE and BSE

    Venue: The shares are to list on the NSE and BSE, both in Mumbai; SEBI is also headquartered in Mumbai.From Book 1 RATNA, topic 193, point 8

  8. Question 8Answer A

    SEBI gained statutory status through the SEBI Act of which year?

    • Correct answer: 1992
    • 1988
    • 1999
    • 1956

    Founded: SEBI was set up in 1988 and given statutory status by the SEBI Act, 1992.From Book 1 RATNA, topic 193, point 9

  9. Question 9Answer B

    In Sahara India Real Estate v SEBI (2012), SEBI's power over public issues by whom was upheld?

    • Listed companies
    • Correct answer: Unlisted companies
    • Banks
    • Public sector undertakings

    Landmark: In Sahara India Real Estate v SEBI (2012) the Supreme Court upheld SEBI's power over public issues by unlisted companies.From Book 1 RATNA, topic 193, point 10

  10. Question 10Answer D

    Consider: 1. The SEBI (ICDR) Regulations, 2008 govern IPOs. 2. Prospectuses are governed by the Companies Act, 1956. Which is/are correct?

    • Only 1
    • Only 2
    • Both 1 and 2
    • Correct answer: Neither

    Statute: The SEBI Act, 1992 and the SEBI (ICDR) Regulations, 2018 govern IPOs; the Companies Act, 2013 governs prospectuses.From Book 1 RATNA, topic 193, point 11

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