Athira Sethu
Kochi, 15 October 2026
Jio Platforms, the flagship telecom arm of Reliance Industries Ltd, is all set to float its Initial Public Offering (IPO) on October 21, 2026. Its value would be around ₹30,213 crore and it could emerge as the biggest IPO in the history of India. This will be a very significant event in the life of Jio Platforms, especially after it enters into the stock market.
The period of the IPO is from October 21 to October 23, 2026. The range for one share is fixed at ₹1,065-₹1,119 and investors can bid for a minimum of 12 shares. The minimum investment at the maximum range of the price would be ₹13,428.
It is planned that Jio Platforms’ shares will be listed on both NSE and BSE. The date of allotment of shares is October 26 whereas the date of listing of shares is October 28, 2026. These dates are subject to change.
Key Features of the Jio Platforms IPO
The IPO is designed to collect money by means of issuance of additional shares. There will be no sale of existing shares in this offer. The collected money will be used to repay part of the loan obtained by its subsidiary – Reliance Jio Infocomm Limited. Some amount of money may be allocated to general operational activities.
There will be several financial institutions involved in the management of the offer: Kotak Mahindra Capital, Morgan Stanley, Goldman Sachs, HDFC Bank and ICICI Securities. KFin Technologies will conduct the IPO registration process.
Investment Limits for Different Investors
The IPO has investment limitations for different categories of investors.
Retail investors are allowed to place an application for at least 12 shares worth ₹13,428 per the maximum price. Small non-institutional investors have to apply for at least 180 shares that cost ₹2,01,420. Large non-institutional investors should apply for at least 900 shares worth ₹10,07,100.
The qualified institutional buyers will be allotted up to 50% of the net issue, non-institutional investors at least 35% and retail investors at least 15%.
Performance of Jio Platforms
Jio Platforms posted profits of ₹30,049.7 crores in FY26 as against ₹26,120.3 crores in FY25. The EBITDA or earnings of the company before interest, depreciation, taxes, and amortization have increased from ₹64,170 crores to ₹76,255.4 crores.
The revenue from the operations has been recorded at ₹1,46,885 crores in FY26 as against ₹1,28,218 crores in FY25.
Jio Platforms IPO may become one of the most awaited events in India’s equity markets. It has huge customer strength, rising profits, and diversified digital services. But an investor should analyze the financials of the company, IPO pricing, and other details before making investment. Investing in IPOs always carries risks.
