Jio Platforms IPO to Open on October 21, 2026: Check Price Band, Issue Size and Key Details

Reliance Industries-backed Jio Platforms is set to launch its ₹30,213 crore initial public offering (IPO) on October 21, 2026. The proposed offering could become India's largest-ever IPO, marking a significant step toward publicly listing one of Reliance Industries' key digital businesses.

The IPO comprises a fresh issue of up to 27.00 crore equity shares, with no offer for sale (OFS) by existing shareholders. The price band has been set at ₹1,065 to ₹1,119 per share.

The issue will remain open for subscription until October 23, 2026. The basis of allotment is expected to be finalised on October 26, 2026, while the shares are tentatively scheduled to list on the National Stock Exchange (NSE) and the BSE on October 28, 2026.

Jio Platforms IPO - Issue Details

• Issue Type: Book-Built Issue (Fresh Issue only)
• Total Issue Size: Up to ₹30,213.00 crore
• Fresh Issue: Up to ₹30,213.00 crore
• Offer for Sale (OFS): Not Applicable
• Face Value: ₹10 per share
• Price Band: ₹1,065 to ₹1,119 per share
• Lot Size: 12 shares
• Minimum Investment Amount (Retail Investor): ₹13,428 (12 shares at the upper price)
• Listing: BSE, NSE
• Book Running Lead Managers (BRLMs): Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, BofA Securities India Limited, Axis Capital Limited, BNP Paribas, Citigroup Global Markets India Private Limited, CLSA India Private Limited, DAM Capital Advisors Limited, Goldman Sachs (India) Securities Private Limited, HDFC Bank Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, IIFL Capital Services Limited, Jefferies India Private Limited, JM Financial Limited, J.P. Morgan India Private Limited, SBI Capital Markets Limited, UBS Securities India Private Limited and 360 ONE WAM Limited.
• Registrar to the Issue: KFin Technologies Limited

Jio Platforms IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and Jio Platforms.

Jio Platforms IPO Category-wise Investment Limits

The application size for each category is as follows -

The minimum investment amount for each category, based on the upper price band of ₹1,119 per share, is as follows -

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

• Prepayment, in full or in part, of certain outstanding borrowings availed by the material subsidiary, Reliance Jio Infocomm Limited (RJIL)
• General corporate purposes

About Jio Platforms Limited

Established in 2019, Jio Platforms Limited is a technology company focused on delivering digital connectivity and services throughout India. Its subsidiary, Reliance Jio Infocomm Limited (RJIL), provides mobile and fixed broadband, along with a wide range of digital products, including entertainment, cloud, smart home, gaming, and enterprise solutions, as well as AI-driven applications. By March 31, 2026, RJIL's customer base had reached 524.4 million nationwide.

The company runs on a proprietary, end-to-end technology stack built in-house, spanning network infrastructure, devices, software, operating systems and digital applications. This vertically integrated approach speeds innovation, reduces reliance on external vendors, and enables the rollout of 4G, 5G, cloud, and AI technologies at scale. As a result, Jio Platforms is positioned as one of India's foremost digital infrastructure and services providers.

Key Financial Highlights 

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