Key Details on Expected Price and Listing Date for Jio Platforms IPO

Written by: Team Angel OneUpdated on: 7 Oct 2026, 4:30 pm IST

Jio Platforms expected to launch an IPO on October 21, 2026, raising ₹37,700 crore, with a price band of ₹1,150-₹1,220 per share, listing on October 28, 2026.

Jio Platforms is likely to make a landmark initial public offering (IPO) on October 21, 2026, aiming to raise ₹37,700 crore, as per PTI report.

The IPO price band is likely between ₹1,150 and ₹1,220 per share, with a listing projected for October 28, 2026.

Jio Platforms IPO Pricing and Timeline

The Jio Platforms IPO is anticipated to open on October 21, 2026, and close on October 23, 2026. The expected tentative listing date is October 28, 2026.

The pricing is expected to be in range from ₹1,150 to ₹1,220 per share. The anchor book will kick off the IPO process on October 19, 2026.

Issue Size and Capital Allocation

This IPO is slated to raise an estimated $3.8 billion, making it India’s largest IPO to date. With plans to issue 27 crore new equity shares, Jio Platforms' total enterprise valuation is expected to surpass ₹12 lakh crore.

The proceeds primarily aim to reduce Reliance Jio Infocomm Limited’s debt by up to ₹27,500 crore. The remaining amount is to be utilised towards general corporate purposes.

Investor Base and Corporate Structure

Jio Platforms enjoys a robust portfolio of institutional investors, including a 9.98% stake by Meta Platforms affiliate Jaadhu Holdings.

Google International holds 7.73%, alongside significant investments from global entities like Vista Equity and the Public Investment Fund of Saudi Arabia.

Reliance Jio Infocomm serves as the operating subsidiary, leading the telecom sector in India with 506 million mobile customers and 157.9 million fixed-line subscribers.

Conclusion

Jio Platforms' IPO is expected to schedule for October 21, 2026, with an expected share price range of ₹1,150-₹1,220. It plans to raise ₹37,700 crore, aiming for a listing on October 28. The major portion of the raised funds will address the borrowings of its subsidiary.

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 7, 2026, 10:59 AM IST

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