The shares listed at ₹1,358 apiece on both the NSE and BSE, against an issue price of ₹1,119, delivering a listing premium of 21.36%. The IPO received an overall subscription of 22.19 times during its three-day bidding period from October 21 to October 23, 2026.

The listing brings Reliance Industries-backed Jio Platforms into the listed market, allowing investors to trade shares in the company on the NSE and BSE.

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 Overall Subscription Status

[October 23, 2026, 7:00 PM]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	70.55x
Non-Institutional Investors (NIIs)	14.00x
Retail Individual Investors (RIIs)	2.72x
Employees	2.93x
Shareholders	7.60x
Total	22.19x

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

Founded in 2019, Jio Platforms Limited is a technology company focused on digital connectivity and services in India. Through its subsidiary, Reliance Jio Infocomm Limited (RJIL), it provides mobile and fixed broadband connectivity and digital offerings across entertainment, cloud computing, smart homes, gaming, enterprise solutions and AI-powered applications. As of March 31, 2026, RJIL had a customer base of 524.4 million.

The company has an integrated technology ecosystem spanning network infrastructure, devices, software, operating systems and digital applications. This in-house framework supports the development and deployment of 4G, 5G, cloud and AI technologies, while reducing reliance on external vendors and enabling innovation across its digital services.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	1,46,885.00	1,28,218.00	1,09,558.10
EBITDA	76,255.40	64,170.00	54,958.70
Profit After Tax (PAT)	30,049.70	26,120.30	21,423.20