# Price on JIO Finance in demat

**URL:** https://tradingqna.com/t/price-on-jio-finance-in-demat/152137
**Category:** IPOs
**Created:** [August 28, 2023, 9:34am UTC](https://tradingqna.com/t/price-on-jio-finance-in-demat/152137 "2023-08-28T09:34:27Z")
**Posts on this page:** 1
**Showing post:** 2

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### Author: ![Meher\_Smaran](https://tradingqna.com/user_avatar/tradingqna.com/meher_smaran/32/45882_2.png) [@Meher\_Smaran](https://tradingqna.com/u/Meher_Smaran)
#### Post date: [August 28, 2023, 9:38am UTC](https://tradingqna.com/t/price-on-jio-finance-in-demat/152137/2 "2023-08-28T09:38:47Z")

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Hi @Aslan

Cost of acquisition of JFS will be 4.68% of your buy price of Reliance.

Check this thread out for more:

> [@Everything you need to know about demerger of Reliance Industries Limited](https://tradingqna.com/t/everything-you-need-to-know-about-demerger-of-reliance-industries-limited/149760):
>
> Reliance Industries Limited (RELIANCE) in October 2022 announced the demerger of its financial services business (Reliance Strategic Investments Limited) into a separate entity named Jio Financial Services. Shareholders of RELIANCE will get one share of Jio Financial Services for every one share they hold in RELIANCE. The record date to determine the shareholders of RELIANCE who will be eligible for receiving the shares of Jio Financial Services has been set as July 20, 2023. You can check the …

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