Jio Platforms IPO: date, price band, lot size and listing
Status as last checked: the IPO has a Red Herring Prospectus and a price band, with public bidding reported for 21–23 October 2026. The final issue price, allotment and listing are still to come.
Short answer
Dates: bidding 21–23 Oct 2026 · Price band: ₹1,065–₹1,119 · Lot: 12 shares (₹13,428 at the top) · Size: up to ~₹30,213 crore, all fresh shares · Listing: BSE & NSE, expected 28 Oct 2026 (tentative).
Each item is labelled below with how well it is verified. Last checked 19 Oct 2026.
- Confirmed Checked by our editors in a primary official document.
- Reported Attributed to an official filing by established media or brokers; primary document not yet checked by our editors.
- Estimate Arithmetic or an analyst estimate based on reported figures.
- Hypothetical Illustrative scenario only. Not a forecast.
- Unverified Not announced, conflicting, or based on anonymous sources.
Jio Platforms IPO dates
- 19 Jun 2026 ReportedDraft Red Herring Prospectus (DRHP) filed with SEBI
- 28 Aug 2026 ReportedSEBI observation letter received
- 14 Oct 2026 ReportedRHP filed; price band ₹1,065–₹1,119 and 12-share lot approved; record date for the RIL shareholder quota
- 19 Oct 2026 ReportedAnchor investor bidding
- 21–23 Oct 2026 ReportedPublic bidding window (retail, NII, QIB, employee and RIL shareholder portions)
- 26 Oct 2026 ReportedBasis of allotment expected (tentative)
- 27 Oct 2026 ReportedRefunds / unblocking and credit of shares to demat accounts expected (tentative, per broker schedule)
- 28 Oct 2026 UnverifiedListing on BSE and NSE expected (tentative; one outlet reported 29 Oct)
Why some dates are tentative
The subscription window is fixed in the RHP. Post-issue dates — allotment, refunds, demat credit and listing — follow SEBI’s T+3 listing timeline but are confirmed only by the registrar and exchanges. Outlets have reported both 28 and 29 October for listing, so we show it as unverified until the exchanges publish a listing notice.
Price band, lot size and minimum investment
- Price band₹1,065 – ₹1,119 per equity share
Approved by the IPO Committee of Jio Platforms' board on 14 Oct 2026, per RIL's exchange filing as reported by PTI and Business Today.
- Minimum bid lot12 equity shares, and multiples of 12
- Cost of one lot at the upper price band₹13,428 (12 × ₹1,119)
- Final issue priceNot yet determined — fixed after the book closes
| Lots | Shares | At ₹1,065 | At ₹1,119 |
|---|---|---|---|
| 1 | 12 | ₹12,780 | ₹13,428 |
| 2 | 24 | ₹25,560 | ₹26,856 |
| 5 | 60 | ₹63,900 | ₹67,140 |
| 10 | 120 | ₹1,27,800 | ₹1,34,280 |
| 14 (retail max) | 168 | ₹1,78,920 | ₹1,87,992 |
Retail individual investors can bid up to ₹2 lakh per application. At the upper band that is 14 lots (168 shares, ₹1,87,992); 15 lots would cost ₹2,01,420 and exceed the limit. Bidding at “cut-off” means you accept whatever final price is set within the band, and your broker blocks the amount at the upper end. Estimate
Issue structure and use of proceeds
- Issue structure100% fresh issue of up to 27 crore equity shares (face value ₹10). No offer for sale.
- Issue size at the upper bandUp to about ₹30,213 crore (27 crore shares × ₹1,119)
Arithmetic on the upper band; the final amount depends on the final issue price and shares actually allotted.
- Main use of proceedsUp to ₹27,500 crore to repay or prepay borrowings of Reliance Jio Infocomm (material subsidiary); balance for general corporate purposes
- Proposed listing venuesBSE and NSE
- Registrar to the issueKFin Technologies Limited
Because this is a 100% fresh issue, the money raised goes to the company rather than to selling shareholders. The fresh shares are reported to equal about 2.9% of the post-issue equity — a small free float for a company this size.
Reserved portions: employees and RIL shareholders
- Employee reservationUp to ₹500 crore for eligible employees, with a ₹54 per share discount
- RIL shareholder reservationUp to ₹2,500 crore for eligible individual and HUF shareholders of Reliance Industries as of 14 Oct 2026; no discount
Exact eligibility (e.g. holding on the RHP date, application caps) is set out in the RHP — read it before applying in this category.
The category-wise split of the net offer (QIB, non-institutional and retail percentages) is set out in the RHP. Broker pages quote different breakdowns, so we have not reproduced a split here; check the “Offer structure” section of the RHP. Unverified
How to apply in more than one category →
Listing and share price
- Listed on NSE/BSE?Not yet listed. Shares are proposed to list on BSE and NSE after the IPO.
- Listing date (tentative)28 October 2026 expected
PTI and Zerodha give 28 Oct; Outlook Money reported 29 Oct. Treat as tentative until the exchanges issue a listing notice.
There is no official Jio Platforms share price before listing. Prices quoted online before listing are either the IPO price band or unofficial “grey market” figures. Once the shares list, the live price will be on NSE and BSE. We will update this page with the final issue price and listing details when they are published.
What about the grey market premium (GMP)?
Many sites publish a Jio Platforms IPO “GMP”. GMP is an informal, unregulated quote from off-market dealers. It is not published by the company, exchanges or SEBI, it can be moved by small volumes, and it has frequently failed to predict listing prices. We deliberately do not show GMP figures. Why GMP is unreliable.
Demand and subscription
- Pre-launch institutional demandBloomberg reported more than $20 billion in indicated bids, citing unnamed people
Not an official subscription figure. Official subscription data is published by the exchanges during the bidding window.
- Subscription status (times subscribed)Not available yet — published by NSE/BSE during the bidding window
Risk reminder
This page is general information, not investment advice. IPO allotment is not guaranteed, listing prices can be below the issue price, and you can lose money. Read the Red Herring Prospectus and consider a SEBI-registered adviser for advice on your own situation. Full disclaimer.
Where to go next
Sources
- Jio Platforms sets IPO price band at Rs 1,065-1,119, targets to raise record Rs 30,213 cr (PTI) (opens in a new tab) — ThePrint / Press Trust of India, 14 Oct 2026press · checked 19 Oct 2026
- Jio Platforms IPO: Price band announced at Rs 1,065-1,119 (opens in a new tab) — Business Today, 14 Oct 2026press · checked 19 Oct 2026
- Jio Platforms IPO price band fixed at Rs 1,065–1,119 per share (opens in a new tab) — Asianet Newsable, 14 Oct 2026press · checked 19 Oct 2026
- RIL says Jio Platforms receives SEBI observation letter for proposed IPO (opens in a new tab) — Business Standard (Capital Market), 29 Aug 2026press · checked 19 Oct 2026
- SEBI approves IPO plans of Jio Platforms and six other companies (opens in a new tab) — Free Press Journal, 28 Aug 2026press · checked 19 Oct 2026
- Jio Platforms IPO: Price band set at Rs 1,065-1,119, valuation at Rs 10.3 lakh crore (opens in a new tab) — Outlook Money, 15 Oct 2026press · checked 19 Oct 2026
- Jio Platforms mega-IPO: Employee discounts and key details unveiled (opens in a new tab) — The Week, 15 Oct 2026press · checked 19 Oct 2026
- Jio Platforms IPO: How can you apply in multiple categories? Allotment rules (opens in a new tab) — Business Today, 16 Oct 2026press · checked 19 Oct 2026
- Jio Platforms IPO: RHP highlights and key issue details (opens in a new tab) — ICICI Direct, 17 Oct 2026broker · checked 19 Oct 2026
- Jio Platforms IPO — dates, price range and schedule (opens in a new tab) — Zerodha, 18 Oct 2026broker · checked 19 Oct 2026
- Jio Platforms said to draw more than $20 billion in bids for IPO (opens in a new tab) — Bloomberg, 13 Oct 2026press · checked 19 Oct 2026
- Reliance Industries Limited — official website (investor relations, stock exchange filings) (opens in a new tab) — Reliance Industries Limitedofficial · checked 19 Oct 2026
- NSE — corporate announcements, public issues and IPO bid details (opens in a new tab) — National Stock Exchange of Indiaofficial · checked 19 Oct 2026
- BSE — corporate announcements, public issues and allotment status (opens in a new tab) — BSE Limitedofficial · checked 19 Oct 2026
- SEBI — filings (draft offer documents, RHPs) and investor resources (opens in a new tab) — Securities and Exchange Board of Indiaofficial · checked 19 Oct 2026