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MAINBOARD · NSE + BSESubscribed: 6.60×
Jio Platforms IPO

Jio Platforms IPO

Jio Platforms IPO

Overview

Jio Platforms IPO is a book build issue of ₹30,213.00 crores. The issue is entirely a fresh issue of 27.00 crore shares of ₹30,213.00 crore. Jio Platforms IPO opens for subscription on Oct 21, 2026 and closes on Oct 23, 2026. The allotment for the Jio Platforms IPO is expected to be finalized on Oct 26, 2026. Jio Platforms IPO will list on NSE and BSE with a tentative listing date fixed as Oct 28, 2026. Jio Platforms IPO is set issue price band at ₹1,065 to ₹1,119 per share. The lot size for an application is 12 shares. The minimum amount of investment required by an individual investor (retail) is ₹13,428 (12 shares) (based on upper price). Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Refer to Jio Platforms IPO RHP for detailed Information.

Total Shares

27,00,00,000

Issue Size

₹30,213 Cr

Price Band

₹1065 – ₹1119

Lot Size

12 shares

Min. Investment

₹13,428

Max. Investment

₹1,87,992

Open Date

21 Oct, 2026

Close Date

23 Oct, 2026

Allotment

26 Oct, 2026

Listing

28 Oct, 2026

Announced

21 Oct, 2026

Opening Date

21 Oct, 2026

Closing Date

23 Oct, 2026

Basis of Allotment

26 Oct, 2026

Initiation of Refunds

27 Oct, 2026

Credit of Shares

27 Oct, 2026

Listing Date

28 Oct, 2026

Live GMP

Est. Listing: ₹1351

₹232

Apply via UPI in 5 minutes

Choose your broker • Zero commission on IPO

About Jio Platforms IPO

Incorporated in 2019, Jio Platforms Limited is a technology-driven digital services company that operates through its subsidiary, Reliance Jio Infocomm Limited. The company provides digital connectivity and technology solutions across India, serving over 524 million customers as of March 31, 2026.

The company has developed a proprietary technology stack with capabilities spanning network infrastructure, software platforms, operating systems, devices, and digital applications. Its servic

Jio Platforms IPO Share Price

Issue Breakdown

Total Issue27,00,00,000 shares₹30,213 Cr
Fresh Issue27,00,00,000 shares₹30,213 Cr
Offer for Sale0 shares

Shareholding

Pre-Issue8,93,90,30,830
Post-Issue9,20,90,30,830

Dilution: 3.0% increase in shares

Jio Platforms IPO Financial Health

Jio Platforms Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2026 and March 31, 2025.

Jio Platforms IPO Lot Size

Investors can bid for a minimum of 12 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)112₹13,428
Retail (Max)14168₹1,87,992
S-HNI (Min)15180₹2,01,420
S-HNI (Max)74888₹9,93,672
B-HNI (Min)75900₹10,07,100

(All values in CR)

Jio Platforms IPO Valuations

MetricValue
RoNW2.30
PAT Margin19.82
EBITDA Margin53.26
NAV382.34
P/B (x)2.93

(All values in CR)

Jio Platforms IPO Strength & Risk

+Strengths

Jio Platforms IPO Strength

  • Strong backing from Reliance Industries and a well-established business ecosystem.
  • Large and growing digital user base across telecom, entertainment, payments and digital services.
  • Multiple revenue opportunities through Jio Telecom, Jio Financial ecosystem, digital platforms and emerging technologies.
  • Strong brand recognition and wide reach across India.
  • Significant potential from 5G, artificial intelligence, cloud, digital commerce and connected services.
  • Access to Reliance’s large customer base and extensive technology infrastructure.
  • Strong growth potential as India’s digital economy continues to expand.
!Risks

Jio Platforms IPO Risk

  • High valuation expectations could limit upside if earnings growth falls short.
  • Intense competition from companies operating in telecom, digital payments, e-commerce and entertainment.
  • Large dependence on continued growth in digital users and monetisation.
  • Regulatory changes in telecom and digital businesses could affect operations.
  • Rapid technology changes may require continued heavy investment.
  • Competition could put pressure on margins and customer acquisition costs.
  • IPO performance may be sensitive to overall market conditions and investor sentiment.

Jio Platforms IPO Subscriptions Status

Jio Platforms IPO subscribed 6.60 times. The public issue subscribed 1.99 times in the retail category, 13.98 times in QIB (Ex Anchor), and 8.74 times in the NII category by October 23, 2026 11:25:00 AM (Day 3).

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
Anchor1.007,24,74,0667,24,74,0668
QIB (Ex Anchor)13.984,90,07,82868,49,42,70876
NII8.743,64,44,56831,86,72,08435
bNII (> ₹10L)10.002,42,96,37924,30,21,76827
sNII (< ₹10L)6.231,21,48,1897,56,50,3168
Retail1.998,50,37,32616,90,03,86018
Employees2.4146,94,8361,13,25,4081
Shareholders5.402,23,41,37612,07,06,50013
Total6.6019,75,25,9341,30,46,50,5601

Jio Platforms IPO GMP

Jio Platforms IPO last recorded Grey Market Premium (GMP) is ₹232, updated on Oct 23, 2026 10:37:02 AM. With an upper price band of ₹1119.00, the estimated listing price for Jio Platforms IPO is ₹1351 (cap price + today's GMP). This indicates an expected listing gain for Jio Platforms IPO of 20.73%. • Jio Platforms IPO Retail Subject to Sauda: ₹2100 • Jio Platforms IPO Small HNI Subject to Sauda: ₹31500 During this period, the premium has fluctuated between a low of ₹148.00 and a high of ₹273.00.

+₹2320

Last updated 23 Oct, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
23 Oct, 20260₹232▼-₹1351 (20.73%)278423 Oct, 2026
22 Oct, 20260₹240▼-₹1359 (21.45%)288022 Oct, 2026
21 Oct, 20260₹246▼-₹1365 (21.98%)295221 Oct, 2026
20 Oct, 20260₹273▲-₹1392 (24.40%)327620 Oct, 2026
19 Oct, 20260₹245▼-₹1364 (21.89%)294019 Oct, 2026
18 Oct, 20260₹250▲-₹1369 (22.34%)300018 Oct, 2026
17 Oct, 20260₹235▲-₹1354 (21.00%)282017 Oct, 2026
16 Oct, 20260₹221-₹1340 (19.75%)265216 Oct, 2026
15 Oct, 20260₹221▲-1340 (19.75%)265215 Oct, 2026
14 Oct, 20260₹206▼-₹1325 (18.41%)-14 Oct, 2026
13 Oct, 20260₹218▲-₹1337 (19.48%)-13 Oct, 2026
12 Oct, 20260₹182▲-₹1301 (16.26%)-12 Oct, 2026
11 Oct, 20260₹172▲-₹1291 (15.37%)-11 Oct, 2026
10 Oct, 20260₹171▼-₹1290 (15.28%)-10 Oct, 2026
09 Oct, 20260₹173▲-₹1292 (15.46%)-09 Oct, 2026
08 Oct, 20260₹167▼-₹1286 (14.92%)-08 Oct, 2026
07 Oct, 20260₹182▲-₹1301 (16.26%)-07 Oct, 2026
06 Oct, 20260₹167▲-₹1286 (14.92%)-06 Oct, 2026
05 Oct, 20260₹156▲-₹1275 (13.94%)-05 Oct, 2026
04 Oct, 20260₹148-₹1267 (13.23%)-04 Oct, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Jio Platforms IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Jio Platforms IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.

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