Hello @kartik,
Yes ,you can read the value and even bind to the change event if you want.
<html>
<head>
<title>Test Page</title>
<script src="code.jquery.com/jquery-latest.js"></script>
<script type="text/javascript">
$(function()
{
$('#tester').change( function()
{
console.log( $(this).val() );
});
});
</script>
</head>
<body>
<input type="file" id="tester" />
</body>
</html>
But there are other, multiple-upload solutions that might suit your needs better, such as bpeterson76 posted.
Hope it helps!!