From DRHP Filing to Proposed October Launch, Key Developments of JIO IPO So Far

Written by: Anoushka RoyUpdated on: 9 Oct 2026, 5:30 pm IST

Jio Platforms is moving closer to its proposed October 2026 IPO, with regulatory approvals secured and global investor roadshows completed. With a reported ₹37,700 crore issue and a fresh issue of 27 crore shares, investors are now watching for the final offer documents, pricing details and confirmation of the IPO launch date.

From filing its DRHP in June to completing global investor roadshows in October, Jio Platforms has crossed several key milestones ahead of its proposed IPO. With the expected launch date approaching, here’s a look at the developments that have shaped its IPO journey so far and what investors can watch for next.

Jun 2026: JIO Platforms Files DRHP

In June 2026, Jio Platforms Limited filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking a key step towards its proposed initial public offering (IPO). The draft proposed a fresh issue of equity shares, with a significant portion of the proceeds intended to be directed towards debt repayment of its subsidiary, Reliance Jio Infocomm Limited.

Aug 2026: SEBI Grants Approval

Jio Platforms received the Securities and Exchange Board of India’s (SEBI) final nod for its proposed IPO on August 28, 2026, marking a key regulatory milestone in the listing process. The company had filed its Draft Red Herring Prospectus (DRHP) with SEBI on June 19, 2026.

Sep – Oct 2026: Jio Platforms Completes Global Roadshows Ahead of IPO

As per latest news reports, Jio Platforms has completed its global roadshows ahead of its proposed IPO, with meetings held with potential investors in the US, UK, Dubai, Singapore and Hong Kong.

The roadshows were led by Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani, along with Reliance Retail Ventures Executive Director Isha Ambani. Following the overseas investor meetings, the company was reported to be giving final touches to its IPO documents and preparing to file the Red Herring Prospectus (RHP) with SEBI.

Akash Ambani Says Jio IPO Marks Start of a New Journey

Speaking to Moneycontrol, Reliance Jio Chairman Akash Ambani described the upcoming Jio IPO as a “great responsibility” towards shareholders, noting that it will be the first public issue from the Reliance Group in nearly three decades.

Ambani said the listing would mark “the start of the journey” for Jio’s next phase of growth, with the company focused on delivering growth and value to shareholders. He also reiterated that affordability would remain central to Jio’s strategy as it aims to diversify connectivity into technology platforms and solutions.

JIO IPO Issue Structure in Detail

As per news reports, the Jio Platforms IPO is expected to raise ₹37,700 crore, with a reported price band of ₹1,150–₹1,220 per share. The proposed issue comprises 27 crore fresh equity shares, with no Offer for Sale (OFS), and each share has a face value of ₹10.

The lot size has not yet been announced. The proceeds are primarily intended to be used for the repayment or prepayment of up to ₹27,500 crore of borrowings of Reliance Jio Infocomm, with the remaining amount earmarked for general corporate purposes.

Conclusion

With the proposed October 21, 2026 opening date approaching, Jio Platforms’ IPO has progressed through several important stages, from regulatory filings to global investor meetings. The company is now expected to move towards the final offer documents and other pre-IPO formalities ahead of the proposed launch.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: Oct 9, 2026, 11:56 AM IST

Anoushka Roy

Anoushka Roy is a content specialist with 4 years of experience creating SEO, AEO, and GEO-focused content. At Angel One, she specialises in simplifying complex financial concepts, market developments, and personal finance topics. With an educational background in finance, her work helps readers understand financial markets and make informed investment decisions.

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