Know How One Can Apply Under Reliance Industries Shareholder Quota in Upcoming Jio Platforms IPO?

Jio Platforms is set to launch India's largest-ever IPO by issue size on October 21, 2026. Reliance Industries shareholders may apply under a reserved shareholder quota, offering an opportunity to improve allotment chances.  

The IPO will not feature an offer for sale by existing shareholders. 

Jio Platforms IPO Details 

The Jio Platforms IPO, amounting to ₹30,213 crore, consists entirely of a fresh issue of 27 crore shares. The price band is set between ₹1,065 and ₹1,119 per share, with the lot size at 12 shares (₹13,428 per lot).  

General subscription opens on Wednesday, October 21, 2026, and closes on Friday, October 23, 2026.  

Following the closure, the finalisation of the basis of allotment with the designated stock exchange will take place on or about Monday, October 26, 2026.  

The initiation of refunds (or unblocking of funds from the ASBA account) as well as the credit of equity shares to the depository accounts of the allottees are both scheduled to occur on or about Tuesday, October 27, 2026.  

Finally, the commencement of trading of the equity shares on the stock exchanges is expected to begin on or about Wednesday, October 28, 2026. 

Eligibility for Reliance Shareholder Quota in Jio Platforms IPO 

To be eligible for the Jio Platforms IPO under the Reliance Industries shareholder quota, investors must have held Reliance Industries shares on or before October 14, 2026.  

This category is available to individual investors and Hindu Undivided Families (HUFs). Even holding a single Reliance share suffices for eligibility. 

Application Process of Jio Platforms IPO 

Investors can apply for the Jio Platforms IPO using either their broker app or a bank's ASBA facility. They must select “RIL Shareholder” as the category.  

Investors may also submit a second application under the retail category, thus increasing their chances of allotment. 

Read More: Know the Growth Story, Moats, and Risks of Jio Platforms IPO! 

Importance of Shareholder Quota in Jio Platforms IPO 

Having a shareholder quota rewards existing shareholders by giving them the additional opportunity to secure shares in an IPO expected to be heavily oversubscribed.  

While it enhances allotment odds, it does not guarantee share allotment. 

Jio Platforms Financial Performance 

As of Q1FY27, Reliance Jio Infocomm, a subsidiary, served 53.33 crore customers. Its revenue for FY26 was ₹1,46,885 crore, with a net profit of ₹30,049 crore.  

The funds from the IPO will be used toward repaying ₹27,500 crore of RJIL's borrowings and other corporate purposes. 

Conclusion 

The Jio Platforms IPO is a fresh issue aiming to raise ₹30,213 crore with no existing shareholder offer for sale. Reliance Industries shareholders can apply under a quota reserved for them, using even a single existing RIL share for eligibility. 

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.