Jio Platforms IPO: Frequently Asked Questions

Jio Platforms Limited, the digital services subsidiary of Reliance Industries, is preparing to launch its initial public offering (IPO) after filing its Red Herring Prospectus (RHP). The public issue is scheduled to open on 21 October 2026 and close on 23 October 2026, with a price band of ₹1,065 to ₹1,119 per equity share.

The company had earlier submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on 19 June 2026 and received SEBI's observation letter on 28 August 2026.

The latest offer disclosures provide additional information on the issue size, minimum application, allotment schedule and proposed listing.

Key Takeaways

• Jio Platforms has filed its RHP following its DRHP submission in June 2026 and SEBI's observation letter in August, completing the next stage of its public issue process.
• The IPO will open on 21 October 2026 and close on 23 October 2026, with an announced price band of ₹1,065–₹1,119 per equity share.
• The public offering consists of up to 27 crore fresh equity shares, with an issue size of up to ₹30,213 crore at the upper end of the price band.
• Retail investors can bid for a minimum lot of 12 shares, requiring ₹13,428 at the upper price band. The expected listing date is 28 October 2026.
• Jio Platforms reported consolidated revenue from operations of ₹1,46,885.3 crore and profit after tax of ₹30,049.1 crore for FY26.

Jio Platforms IPO: Important Questions Answered

1. When will the Jio Platforms IPO open and close?

The Jio Platforms IPO is scheduled to open for public subscription on 21 October 2026 and close on 23 October 2026. Investors will be able to submit applications during this three-day subscription period.

2. What is the Jio Platforms IPO price band?

The company has announced a price band of ₹1,065 to ₹1,119 per equity share. The final offer price will be determined through the book-building process.

3. How large is the Jio Platforms IPO?

The offering comprises up to 27 crore new equity shares. At the upper end of the price band, the total issue size amounts to ₹30,213 crore. 

The IPO does not include an offer for sale by existing shareholders. The proceeds from the fresh issue will therefore be received by the company, after applicable expenses.

4. What is the minimum investment required?

The minimum application size is 12 equity shares.

At ₹1,065 per share, the application amount is ₹12,780. At the upper price band of ₹1,119, one lot costs ₹13,428.

Investors applying at the cut-off price should ensure that sufficient funds are available for the upper-end application amount.

5. When will Jio Platforms IPO shares be allotted?

The allotment process is expected to be finalised on 26 October 2026. Refund initiation and the transfer of allotted shares to demat accounts are scheduled for 27 October 2026.

6. What is the expected listing date?

Jio Platforms shares are expected to list on the BSE and NSE on 28 October 2026, subject to completion of the required formalities.

7. How does Jio Platforms plan to use the IPO proceeds?

According to the offer disclosures, a portion of the net proceeds will be used for the repayment or prepayment of certain outstanding borrowings of Reliance Jio Infocomm Limited, a material subsidiary of Jio Platforms.

The remaining proceeds are intended for general corporate purposes.

8. What are the latest financial figures of Jio Platforms?

Jio Platforms reported consolidated revenue from operations of ₹1,46,885.3 crore in FY26, compared with ₹1,28,218.41 crore in FY25.

Its profit after tax increased from ₹26,109 crore in FY25 to ₹30,049.1 crore in FY26. These figures are based on the company's financial disclosures.

9. How can investors apply for the Jio Platforms IPO?

Eligible investors can apply through a registered stockbroker or another authorised IPO application facility.

Applications can be submitted using the applicable UPI or ASBA process. Investors must select the number of lots, enter their bid details and complete the required fund-blocking authorisation before the subscription deadline.

10. Where can investors find the official Jio Platforms IPO details?

Investors can refer to the company's RHP and subsequent official announcements for the final terms, including the subscription schedule, issue structure, financial information and risk disclosures.

The IPO details are also available through the 5paisa IPO section.

Conclusion

The Jio Platforms IPO is scheduled to open on 21 October 2026, with shares offered in the price range of ₹1,065–₹1,119. The fresh issue could raise up to ₹30,213 crore, while the proposed listing date is 28 October 2026.

The RHP provides information on the company's business, financial performance, intended use of proceeds and associated risks. Investors should review these disclosures and the applicable bidding requirements before submitting an IPO application.