Jio Platforms, one of India’s leading digital and telecommunications companies, is launching an initial public offering (IPO) to raise up to ₹30,213 crore. The issue opens for subscription on October 21, 2026, and will close on October 23, 2026, with a price band fixed at ₹1,065 to ₹1,119 per share. Since the IPO is entirely a fresh issue of shares, the company will receive the proceeds from the offering, primarily to repay debt of its subsidiary, Reliance Jio Infocomm, and for general corporate purposes. The shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on October 28, 2026, subject to allotment and necessary regulatory approvals.
Jio Platforms IPO Day 3 Subscription Status
On Day 3, Jio PlatformsIPO witnessed a good investor turnout, closing with an overall subscription of 18.30 times, QIB led the Subscription 55.12 times, The Non-Institutional Investors 13.83 times subscription Overall, indicating good participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 15.74 times, while the sNII (less than ₹10 lakh) segment saw 10.01 times subscription. Shareholders category subscribed by 7.47. The Retail Individual Investors (RII) category was subscribed 2.69 reflecting healthy retail interest, the issue garnered 1,34,29,582 applications, with total bids amounting to approximately 4,04,416.60 crore, showcasing confidence across investor categories in the company’s growth potential.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 55.12 |
| Non-Institutional Investors (NII) | 13.83 |
| bNII (above ₹10 lakh) | 15.74 |
| sNII (less than ₹10 lakh) | 10.01 |
| Retail Individual Investors (RII) | 2.69 |
| Total Subscriptions | 18.30 |
Total Applications: 1,34,29,582
Total Bid Amount (₹ Crores): 4,04,416.60
How to Check Jio Platforms IPO Allotment Status?
Jio Platforms IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the NSE & BSE website. This IPO will be listed on NSE & BSE exchanges, so the allotment status will be available to all investors on both platforms.
Method 1: Registrar’s website (KFin Technologies Limited)
The most reliable way is to check allotment from the KFin Technologies Limited website.
How to do:
- Visit KFin Technologies Limited official website
- Select “Jio Platforms” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from NSE & BSE website
If there is more traffic on the registrar’s website, allotment status can also be checked from NSE & BSE.
How to do:
- Visit NSE or BSE official website
- Select ‘Equity’ segment
- Select “JIO Platforms” from the IPO list
- Enter PAN number and Application number
- Click on Search
Objective of the Jio Platforms IPO
For Jio Platforms IPO, the issue is a 100% fresh issue of shares, with no Offer for Sale (OFS) component. Therefore, the company will receive the entire proceeds from the IPO, amounting to approximately ₹30,213 crore at the upper end of the price band. The funds are intended to be used primarily to repay certain borrowings of its subsidiary, Reliance Jio Infocomm, and for general corporate purposes.
| Use of IPO Proceeds | Amount (₹ Cr) |
|---|---|
| Proceeds to be received by Jio Platforms through Fresh Issue | ₹30,213 |
Jio Platforms IPO – Day 3 Update
The grey market premium (GMP) of the Jio stands at ₹242 as of October 23, 2026 (Day 3). Considering the upper end of the price band at ₹1,119 per share, the estimated listing price is around ₹1361, reflecting a potential gain of approximately 21.63% per share in the grey market.
| Date | GMP | Est. Listing Price | Gain |
|---|---|---|---|
| 21-10-2026 (Day 3) | ₹242 | ₹1,361 | 21.63% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Jio Platforms IPO IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | October 21, 2026 |
| IPO Closing Date | October 23, 2026 |
| Issue Price Band | ₹1,065 to ₹1,119 per share |
| Total Issue Size | 27,00,000 shares (aggregating up to ₹30,213 Cr) |
| Listing Platform | NSE & BSE |
| Registrar | KFin Technologies Limited |
| DRHP | Jio Platforms |
Important Dates for Jio Platforms IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | September 29, 2026 |
| Refunds Initiation | September 29, 2026 |
| Credit of Shares to Demat | October 01, 2026 |
| Listing Date | October 24, 2026 |
Overview of Jio Platforms
Jio Platforms is a digital financial services platform in India that provides a range of financial products and services through its technology-driven platform. The company primarily operates in the lending and personal finance space, connecting customers with credit and other financial solutions through its digital ecosystem. Jio Platforms has built a strong presence in India’s growing digital lending market, supported by its technology platform, customer reach, and data-driven approach. With increasing digital adoption, rising demand for convenient financial services, and the continued expansion of India’s fintech ecosystem, Jio Platforms is positioned as a growing player in the country’s digital financial services landscape.
Frequently Asked Questions (FAQs)
What is the opening and closing date of the Jio Platforms IPO ?
Jio Platforms IPO will open on 21 October 2026 and will close on 23 October 2026.
What is the price band of the Jio Platforms IPO ?
Its price band is fixed from ₹1,065 to ₹1,119 per share.
What is the GMP (Grey Market Premium) of the Jio Platforms IPO today?
The GMP on 21 October 2026 is ₹242, which leads to a possible listing price of ₹1,361.
What is the total issue size of the Jio Platforms IPO?
The total issue size of the Jio Platforms IPO is ₹30,213 crore, The IPO is entirely a fresh issue
What is the expected listing date of the Jio Platforms IPO?
This IPO is expected to be listed on NSE & BSE on September 28, 2026.
