Reliance's Jio Platforms IPO Set to List Tomorrow on October 28, 2026, After Getting 22.19 Times Subscription

Written by: Team Angel OneUpdated on: 27 Oct 2026, 3:48 pm IST

The Jio Platforms IPO is set to list tomorrow on October 28, 2026, on NSE and BSE.

Reliance's Jio Platforms IPO Set to List Tomorrow

The much-awaited Reliance's Jio Platforms IPO is set to list tomorrow on October 28, 2026, on NSE and BSE.

The recent data from the Jio Platforms IPO subscription from the exchange website on the last day, updated at 7:00 PM on October 23, 2026, shows a total subscription of 22.19 times. The IPO received bids for 4,38,26,15,568 shares out of the 19,75,25,934 shares offered.

The basis of allotment was successfully finalized on October 26, 2026, and the shares are likely to be listed tomorrow on October 28, 2026. The subscription levels varied across different investor categories.

Offer Size of Jio Platforms IPO

The total issue size for the Jio Platforms IPO is ₹30,213 crore, which is structured entirely as a 100% fresh issue consisting of up to 27 crore equity shares with no Offer for Sale (OFS) component.

Each equity share carries a face value of ₹10. At the upper end of the price band, the post-issue market capitalization of Jio Platforms is estimated to be approximately ₹10,30,490 crore.

Jio Platforms IPO Schedule: Key Dates and Timeline

The public bidding window for the IPO opened on Wednesday, October 21, 2026, and closed on Friday, October 23, 2026. The basis of allotment was finalized on Monday, October 26, 2026, with the initiation of refunds and credit of shares to demat accounts taking place on Tuesday, October 27, 2026. The shares are likely to debut and commence trading on both the BSE and NSE tomorrow, Wednesday, October 28, 2026.

Consolidated Bid Details of Jio Platforms IPO

S.No	CATEGORY	NO OF SHARES OFFERED/ RESERVED	NO OF SHARES BID FOR	NO OF TIMES OF TOTAL MEANT FOR THE CATEGORY
1	Qualified Institutional Buyers (QIBs)	4,90,07,827	3,45,75,57,456	70.55
1(a)	Foreign Institutional Investors (FIIs)	-	1,23,92,71,008	-
1(b)	Domestic Financial Institutions (Banks/ Financial Institutions (FIs)/ Insurance Companies)	-	1,52,49,75,360	-
1(c)	Mutual funds	-	35,70,74,628	-
1(d)	Others	-	33,62,36,460	-
2	Non Institutional Investors	3,64,44,569	51,03,55,128	14.00
2.1	Non Institutional Investors (Bid amount of more than Ten Lakh Rupees)	2,42,96,380	38,61,67,752	15.89
2.1(a)	Corporates	-	2,40,28,128	-
2.1(b)	Individuals (Other than RIIs)	-	34,36,42,380	-
2.1(c)	Others	-	1,84,97,244	-
2.2	Non Institutional Investors (Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees)	1,21,48,189	12,41,87,376	10.22
2.2(a)	Corporates	-	5,02,224	-
2.2(b)	Individuals (Other than RIIs)	-	12,08,48,292	-
2.2(c)	Others	-	28,36,860	-
3	Retail Individual Investors (RIIs)	8,50,37,327	23,11,62,888	2.72
3(a)	Cut Off	-	20,83,16,496	-
3(b)	Price bids	-	2,28,46,392	-
4	Employees	46,94,835	1,37,43,348	2.93
4(a)	Cut Off	-	1,19,64,732	-
4(b)	Price Bids	-	17,78,616	-
5	Shareholders	2,23,41,376	16,97,96,748	7.60
5(a)	Cut Off	-	13,66,08,876	-
5(b)	Price Bids	-	3,31,87,872	-
-	Total	19,75,25,934	4,38,26,15,568	22.19

Note: The above data is as of 7:00 PM on October 23, 2026 (Final Day of Bidding)

Qualified Institutional Buyers (QIBs) Subscription on Jio Platforms IPO

The QIB category achieved a massive subscription of 70.55 times, with 3,45,75,57,456 shares bid for against 4,90,07,827 shares offered. Domestic Financial Institutions (Banks/Financial Institutions/Insurance Companies) led with 1,52,49,75,360 shares, followed by Foreign Institutional Investors (FIIs) at 1,23,92,71,008 shares, Mutual Funds at 35,70,74,628 shares, and Others at 33,62,36,460 shares.

Non-Institutional Investors (NIIs) Subscription on Jio Platforms IPO

The NIIs category recorded a strong subscription of 14.00 times, receiving bids for 51,03,55,128 shares against 3,64,44,569 shares offered. Within this, bids above ₹10 lakh were subscribed at 15.89 times, with 38,61,67,752 shares bid for against 2,42,96,380 shares offered. The sub-category of bids above ₹2 lakh up to ₹10 lakh saw a subscription of 10.22 times, with 12,41,87,376 shares bid for against 1,21,48,189 shares offered.

Retail Individual Investors (RIIs) Subscription on Jio Platforms IPO

The RII segment, the largest by size with 8,50,37,327 shares offered, recorded a subscription of 2.72 times. It received bids for 23,11,62,888 shares, with a strong preference for the Cut Off option, which accounted for 20,83,16,496 shares, compared to 2,28,46,392 shares via price bids.

Employee Category Subscription on Jio Platforms IPO

The employee segment showed a subscription rate of 2.93 times, with 1,37,43,348 shares bid for against 46,94,835 shares offered. Most bids, amounting to 1,19,64,732 shares, were placed at the Cut Off price, while 17,78,616 shares were through price bids.

Shareholders Subscription on Jio Platforms IPO

The Shareholders category achieved a subscription of 7.60 times, with 16,97,96,748 shares bid for against 2,23,41,376 shares offered. The Cut Off option accounted for 13,66,08,876 shares, while 3,31,87,872 shares were placed via price bids.

Conclusion

The Jio Platforms IPO is set to list tomorrow on both NSE and BSE. The subscription data as of the final day, October 23, 2026, shows massive interest across categories, with QIBs subscribing at 70.55 times and NIIs at 14.00 times. Shareholders and Employees recorded 7.60 and 2.93 times, respectively, while RIIs stood at 2.72 times.

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 27, 2026, 10:18 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More