Jio Platforms IPO
Jio Platforms opens for subscription on 21 Oct 2026 and closes on 23 Oct 2026, at a price band of ₹1,065 – ₹1,119 with a lot of 12 shares. Listing is expected on 28 Oct 2026.
Updated 22 Oct 2026
Important dates
Opens
21 Oct 2026
Closes
23 Oct 2026
Allotment
26 Oct 2026
Listing
28 Oct 2026
IPO details
| Price band | ₹1,065 – ₹1,119 |
|---|---|
| Lot size | 12 shares |
| Minimum investment | ₹13,428 |
| Issue size | ₹30,213 crore |
| Face value | ₹10 per share |
| Board | Mainboard |
| Listing at | BSE, NSE |
| Retail quota | 35% |
| EPS | ₹33.63 |
| RoNW | 9.42% |
Grey market premium (GMP)
Last reported GMP: ₹240 (21.4%), an unofficial estimated listing price near ₹1,359 or about ₹2,880 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 4.49 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 9.02× | 1.6× | 0.72× | 3.03× |
| Day 2 | 10.13× | 4.9× | 1.45× | 4.49× |
How many lots can you apply for?
At the upper price band. Retail bids go up to ₹2 lakh, small NII (sHNI) above ₹2 lakh up to ₹10 lakh, and big NII (bHNI) above ₹10 lakh.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 12 | ₹13,428 |
| Retail (max) | 14 | 168 | ₹1,87,992 |
| sHNI (min) | 15 | 180 | ₹2,01,420 |
| sHNI (max) | 74 | 888 | ₹9,93,672 |
| bHNI (min) | 75 | 900 | ₹10,07,100 |
See IPO categories explained for how allotment works in each.
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 1,10,175.4 | 81,367.4 | 21,434 |
| FY25 | 1,29,333 | 94,205.7 | 26,120.3 |
| FY26 | 1,49,759.1 | 1,09,406 | 30,052.7 |
About Jio Platforms
Founded in 2019, Jio Platforms is a leading digital service provider and a subsidiary of Reliance Industries. MyJio, JioCinema, JioSaavn, and Reliance Jio Infocomm are some of the digital service applications offered by Jio Platforms. Over the years, Jio Platforms has served over 524 million people with its advanced connectivity and digital services. Its main aim is to offer affordable internet connectivity, digital entertainment, gaming, cloud storage, smart home solutions, and AI-enabled digital services to every household.
Jio offers high-quality digital solutions at an affordable price point. Its ecosystem includes platforms such as MyJio, JioTV+, JioSaavn, JioGames, and JioAICloud. Moreover, the firm also offers services like enterprise connectivity, cloud solutions, IoT services, unified communications platforms, managed services, security solutions, and private 5G offerings serving enterprise customers, including banking, utilities, transportation, manufacturing, government, and information technology sectors.
Objects of the issue
- Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, namely, RJIL.
- General Corporate Purpose
Allotment status and registrar
Kfin Technologies Ltd. is the registrar. After 26 Oct 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 040-79615565 · jioplatforms.ipo@kfintech.com
Lead managers and offer documents
- Kotak Mahindra Capital Co. Ltd.
- Morgan Stanley India Co. Pvt. Ltd.
- BOFA Securities India Ltd.
- Axis Capital Ltd.
- BNP Paribas
- Citigroup Global Markets India Pvt. Ltd.
- CLSA India Pvt. Ltd.
- Dam Capital Advisors Ltd.
- Goldman Sachs (India) Securities Pvt. Ltd.
- HDFC Bank Ltd.
- HSBC Securities & Capital Markets (India) Pvt. Ltd.
- ICICI Securities Ltd.
- IIFL Capital Services Ltd.
- Jefferies India Pvt. Ltd.
- JM Financial Ltd.
- JP Morgan India Pvt. Ltd.
- SBI Capital Markets Ltd.
- UBS Securities India Pvt. Ltd.
- 360 One WAM Ltd.
Jio Platforms IPO: FAQs
When does the Jio Platforms IPO open and close?
The Jio Platforms IPO opens on 21 Oct 2026 and closes on 23 Oct 2026.
What is the Jio Platforms IPO price band?
The price band is ₹1,065 – ₹1,119 per share (face value ₹10).
What is the Jio Platforms IPO lot size?
One lot is 12 shares, so the minimum investment is ₹13,428 at the upper price band.
When is the Jio Platforms IPO allotment date?
Allotment is expected on 26 Oct 2026. Check the status on the registrar's site (Kfin Technologies Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Jio Platforms shares list?
Listing is expected on 28 Oct 2026 on BSE, NSE.
What is the Jio Platforms IPO GMP today?
The grey market premium was about ₹240 (21.4%) when this page was last updated, implying an unofficial estimated listing near ₹1,359. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.