The Jio Platforms IPO Date, Price, GMP, Review and other details with latest updates
Good news for investors: Jio Platforms, the digital arm of Reliance Industries, has received SEBI’s approval for its IPO, and the issue is expected to open next week. At around Rs 37,700 crore (about US$3.8 billion), it is set to become the largest IPO in Indian market history, ahead of Hyundai Motor India’s Rs 27,870 crore issue. The company will issue up to 27 crore fresh equity shares, with no offer-for-sale component.Here you will find the The Jio Platforms IPO Date, Price, GMP, Review and other details with latest updates,
| IPO opening Date | 21st October 2026 |
| IPO Closing Date | 23rd October 2026 |
| Anchor Investor Bidding Date | 19th October 2026 |
| Issue Size | Up to 27 Crores fresh equity Shares |
| Face value | Rs.10 Per Share |
| Price Band | Rs.1,065 to Rs.1,119 Per Share |
| Issue Size (Value) | Rs.28.755 to 30,213 Crores |
| Lot Size | 12 Share per lot |
| Minimum Investment | Rs.13,428 at the Upper Price band |
| Listing Date | 28th October 2026 |
| In which Platform share listed | Both NSE and BSE |
Reservations & Quotas for JIO Platforms IPO:-
- Qualified Institutional Buyers (QIB): Upto 50%
- Retail Individual Investors (RII): More than 35%
- Non-Institutional Investors (NII / HNI): More than 15%
- Shareholder Quota: Reserved portion up to ₹2,500 crore for eligible Reliance Industries Limited (RIL) public equity shareholders as of October 14, 2026.
- Employee Quota: Reserved portion for eligible employees.
Jio Platforms filed its draft papers in June and received SEBI’s final observations on August 28, It is a fresh issue with no offer-for-sale component, so the money goes to the company rather than to selling shareholders. The DRHP proposes up to 27 crore shares, about 2.9% of post-issue capital.
The DRHP proposes using up to Rs 27,500 crore to repay or prepay borrowings of Reliance Jio Infocomm. The rest is for general corporate purposes. The issue could raise around USD 4 billion (about Rs 37,700 crore), which would make it the largest IPO in India.
Roadshows and valuation of Jio Platform IPO:
Global roadshows have been completed, led by Akash Ambani and Isha Ambani. They covered the US, UK, Dubai, Singapore and Hong Kong. The issue is reported to value Jio Platforms at around US$137 billion, according to people familiar with the matter.
Financials and ownership
- Profit after tax rose 15% to Rs 30,053 crore in FY26.
- June-quarter revenue was ₹45,961 crore, up 12% year on year, and profit after tax grew 9.2% to ₹7,764 crore.
- Reliance Industries holds 66.43%, Meta 9.98% and Google 7.73%.
- The DRHP provides a separate reservation for eligible Reliance Industries shareholders.
Disclaimer:
All above mentioned information is based on the information is available in the public domain.