Jio Platforms Likely to Set Price Band at ₹1,065-₹1,119 Per Share for IPO: Report

Jio Platforms Limited, the telecom and digital services division of Reliance Industries Limited, is preparing for its initial public offering (IPO) with shares priced between ₹1,065 and ₹1,119 each, as per Bloomberg news report.  

The company aims for a market valuation reaching up to ₹10.3 lakh crore ($107 billion) at the top of this price range. 

Jio Platforms IPO Pricing and Valuation 

As per Bloomberg news report, the planned IPO for Jio Platforms is set to price shares within a range of ₹1,065 to ₹1,119. This pricing strategy positions the company to potentially raise approximately ₹30,200 crore.  

The targeted market valuation could reach as high as ₹10.3 lakh crore, aligning with the company's strategic financial goals. 

Jio Platforms IPO Schedule for Public Subscription 

The public subscription for Jio Platforms' IPO is likely scheduled to open on October 21, 2026, and will close on October 23, 2026.  

The anchor book, which often involves institutional investors, is set to open on October 19, 2026. Following these events, the shares are expected to commence trading on October 28, 2026. 

Read More: From DRHP Filing to Proposed October Launch, Key Developments of JIO IPO So Far! 

Market Impact and Expectations 

Jio Platforms' IPO is poised to become India's largest-ever, reflecting the company's significant market presence and growth potential.  

The pricing and schedule details have been closely monitored by market participants, given the company's influence in the telecom and digital services sectors. 

Conclusion 

Jio Platforms Limited is set to price its IPO shares between ₹1,065 and ₹1,119, aiming for a market value of ₹10.3 lakh crore. The public subscription is scheduled from October 21 to October 23, 2026, with trading expected to begin on October 28, 2026. 

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