The initial public offering (IPO) of Jio Platforms is open for subscription from October 21 to October 23, 2026. Investors considering an application should understand the price band, minimum investment, issue size, subscription figures and important dates before making a decision.
1. Price band and minimum investment
The price band is set at ₹1,065 to ₹1,119 per share. One lot consists of 12 shares. At the upper end of the price band, a retail investor would need approximately ₹13,428 for one lot, excluding any applicable charges.
2. Issue size and retail quota
The IPO is reported to be worth ₹30,213 crore. According to the supplied information, the issue consists entirely of fresh shares. Retail investors have a 35% reservation, subject to the final offer documents and applicable rules.
3. Subscription status
On the first day, October 21, at 12:10 pm, the IPO had received total bids equal to 1.40 times the shares available. The retail portion was subscribed 0.42 times. These figures are time-specific and do not represent the final subscription level. Investors should check the latest figures on the NSE or BSE website.
4. Allotment date
The tentative date for finalising the share allotment is October 26, 2026. Applicants can check their allotment status after the process is completed.
5. Expected listing date
The shares are expected to be listed on October 28, 2026, subject to the final schedule and exchange approvals.
Investors should verify the issue size and other details against the final offer documents before applying. Stock market investments carry risks, so investors should consider their financial position and consult a qualified financial adviser before making a decision.
