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Jio Platforms Ltd

MainboardupcomingNSE · BSE
21 Oct 2026 – 23 Oct 2026
—TO OPEN
Offer Price
₹1065–1119
Bid lot
12
Min Application
₹13,428
Issue Size
₹30,213 Cr

Key dates

Open date
21 Oct 2026
in 6 days
Close date
23 Oct 2026
in 8 days
Basis of allotment
26 Oct 2026
in 11 days
Initiation of refunds
26 Oct 2026
in 11 days
Credit to demat
26 Oct 2026
in 11 days
Listing date
28 Oct 2026
in 13 days

Issue reservation

₹30,213 Cr
QIB 44.99%9%Retail 31.5%8.27%
QIB
12.15 Cr sh · ₹13592.83 Cr
44.99%
HNI (10L+)
2.43 Cr sh · ₹2719.17 Cr
9%
HNI (2-10L)
1.21 Cr sh · ₹1359.59 Cr
4.5%
Retail
8.50 Cr sh · ₹9517.09 Cr
31.5%
Employee
46.9 L sh · ₹500.00 Cr
1.74%
Shareholder
2.23 Cr sh · ₹2500.00 Cr
8.27%
Applications required for 1× subscription
Retail (≤₹2L)
70,86,444 forms
S-HNI (₹2–10L)
67,490 forms
B-HNI (>₹10L)
26,996 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: Kotak Capital · Morgan Stanley · BofA Securities · Axis Capital · BNP Paribas · Citigroup Global · CLSA India · DAM Capital · Goldman Sachs · HDFC Bank · HSBC Securities · ICICI Securities · IIFL Capital · Jefferies India · JM Financial · J.P. Morgan · SBI Capital · UBS Securities · 360 ONE WAM

Lot ladder — how much to bid

1 lot = 12 shares
Retail · Up to ₹2 L1–14 lots
Min · 1 lot
12 sh · ₹13,428
Max · 14 lots
168 sh · ₹1,87,992
S-HNI · ₹2 L to ₹10 L15–74 lots
Min · 15 lots
180 sh · ₹2,01,420
Max · 74 lots
888 sh · ₹9,93,672
B-HNI · Above ₹10 L75+ lots
Min · 75 lots
900 sh · ₹10,07,100
Entry point
₹10,07,100 onward

Issue details

Lead managersKotak Capital, Morgan Stanley, BofA Securities, Axis Capital, BNP Paribas, Citigroup Global, CLSA India, DAM Capital, Goldman Sachs, HDFC Bank, HSBC Securities, ICICI Securities, IIFL Capital, Jefferies India, JM Financial, J.P. Morgan, SBI Capital, UBS Securities, 360 ONE WAM
Fresh issue27,00,00,000 sh · ₹30213 Cr
Face value₹10
Listing onNSE · BSE
RegistrarKFin Technologies Limited
Grey-market sentiment
No grey-market data yet.
Financials

Particulars

FY26

FY25

FY24

Assets

6,15,594.00

5,81,233.80

5,39,580.40

Total Income

1,49,759.10

1,29,333.00

1,10,175.40

PAT

30,052.70

26,120.30

21,434.00

Net Worth

3,34,013.40

3,04,022.40

2,77,866.10

Total Borrowings

70,781.00

73,060.30

54,348.90

Objects of the issue
  • Repayment of Borrowings: Allocate ₹27,500 crore from net proceeds to repay or prepay outstanding borrowings of subsidiary Reliance Jio Infocomm Limited (RJIL).

  • General Corporate Purposes: Utilize the remaining proceeds for business operations, investments, and strategic initiatives.

About the company

Incorporated in 2019, Jio Platforms Limited is a technology-driven digital services company operating through its subsidiary, Reliance Jio Infocomm Limited. As of March 31, 2026, the company served more than 524 million customers across India, offering a broad range of digital connectivity and technology solutions.

The company has developed a proprietary technology stack encompassing network infrastructure, software platforms, operating systems, devices, and digital applications. It serves both consumer and enterprise markets through an integrated ecosystem of digital platforms and an extensive nationwide distribution network.

In the consumer segment, Jio Platforms provides mobile and fixed broadband connectivity, digital entertainment, gaming, cloud storage, smart home solutions, and AI-powered digital services. Its portfolio includes platforms such as MyJio, JioTV+, JioSaavn, JioGames, and JioAICloud, catering to diverse digital needs.

For enterprise customers, the company offers a comprehensive suite of solutions, including enterprise connectivity, cloud computing, Internet of Things (IoT) services, unified communications, managed services, cybersecurity solutions, and private 5G networks. Its enterprise clientele spans multiple industries, including banking, utilities, transportation, manufacturing, government, and information technology.

As of March 31, 2026, Jio Platforms Limited and its subsidiaries employed 28,163 full-time employees. The company also maintained a portfolio of patent applications covering areas such as digital connectivity, cloud-native networking, artificial intelligence, and related emerging technologies, reflecting its continued focus on technological innovation and digital transformation.

Company strengths

- Massive Customer Base: Serves 524.4 million customers, handles nearly 60% of India's wireless data traffic, and has 268.5 million 5G and 27.1 million fixed broadband and JioAirFiber subscribers.

- Extensive Telecom Infrastructure: Operates over 360,000 towers, 1 million route kilometers of fiber, and holds 26,800.8 MHz of spectrum.

- Proprietary Technology and AI: Features an integrated technology ecosystem, an indigenous 5G Standalone stack, and JioBrain AI/ML solutions.

- Strong Financial Performance: Recorded FY2026 revenue of ₹1.47 lakh crore, EBITDA of ₹76,255 crore, and profit after tax of ₹30,049 crore.

- Global Strategic Investors: Backed by Meta, Google, Silver Lake, Vista Equity Partners, KKR, and PIF.

- CRISIL A1+ Credit Rating: Reflects strong creditworthiness, market leadership, and support from Reliance Industries.

Promoters

Reliance Industries Ltd.

Registered office & contact

Jio Platforms Limited.

Address - Office - 101, Saffron,

Nr. Centre Point, Panchwati 5 Rasta,

Ambawadi

Ahmedabad, Gujarat, 380006

📞 +91 22 7967 0000

✉️ jpl.investorrelations@jio.com

Documents

Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Jio Platforms Ltd IPO?

One lot of 12 shares — ₹13,428 at the upper price band of ₹1119.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-10-28 on NSE / BSE.

₹1065–1119
Bidding opens soon.