{"id":16967,"date":"2026-10-24T06:55:30","date_gmt":"2026-10-24T06:55:30","guid":{"rendered":"https:\/\/accelaronix.in\/blogs\/?p=16967"},"modified":"2026-10-24T08:31:49","modified_gmt":"2026-10-24T08:31:49","slug":"jio-platforms-ipo","status":"publish","type":"post","link":"https:\/\/www.billcut.com\/blogs\/jio-platforms-ipo\/","title":{"rendered":"Jio Platforms IPO: Dates, Price Band, Allotment and Listing Explained 2026"},"content":{"rendered":"

By BillCut
Last updated: 23 October 2026<\/p>\n

The Jio Platforms IPO is a fresh issue of up to 27 crore shares at a price band of Rs 1,065 to Rs 1,119, open from 21 to 23 October 2026. Allotment is expected on or about 26 October and listing on NSE and BSE on or about 28 October. One lot is 12 shares, or Rs 13,428 at the top of the band.<\/p>\n

This guide covers the facts from the offer documents only. It does not say whether you should invest.<\/p>\n

What is the Jio Platforms IPO?<\/h2>\n

Jio Platforms Limited is promoted by Reliance Industries Limited, and its main subsidiary, Reliance Jio Infocomm, runs the Jio network. According to the red herring prospectus filed with SEBI<\/a>, the issue is a fresh issue only, with no offer for sale. The money goes to the company, not to selling shareholders.<\/p>\n

The prospectus says the money will be used to prepay, in full or in part, certain borrowings of Reliance Jio Infocomm, and for general corporate purposes.<\/p>\n

What are the Jio Platforms IPO price band and lot size?<\/h2>\n

The company announced a price band of Rs 1,065 to Rs 1,119 per share<\/a>, with bids in multiples of 12 shares. Eligible employees bidding in their reserved portion get a discount of Rs 54 per share.<\/p>\n\n\n\n\n\n\n\n\n\n
Detail<\/th>\nJio Platforms IPO<\/th>\n<\/tr>\n
Issue type<\/td>\nFresh issue of up to 27 crore shares, face value Rs 10<\/td>\n<\/tr>\n
Price band<\/td>\nRs 1,065 to Rs 1,119 per share<\/td>\n<\/tr>\n
Issue size at the top of the band<\/td>\nAbout Rs 30,213 crore<\/td>\n<\/tr>\n
Minimum bid<\/td>\n12 shares, Rs 13,428 at Rs 1,119<\/td>\n<\/tr>\n
Exchanges<\/td>\nNSE and BSE, with NSE as the designated exchange<\/td>\n<\/tr>\n
Registrar<\/td>\nKFin Technologies Limited<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Who can apply, and how are shares split?<\/h2>\n

The full red herring prospectus<\/a> sets out the issue structure. Two reserved portions come off the top, and the rest, called the net issue, is split by investor type.<\/p>\n\n\n\n\n\n\n\n\n
Category<\/th>\nShare of the issue<\/th>\nWho it is for<\/th>\n<\/tr>\n
Retail individual investors<\/td>\nNot less than 35% of the net issue<\/td>\nIndividuals bidding up to Rs 2 lakh<\/td>\n<\/tr>\n
Non-institutional investors<\/td>\nNot less than 15% of the net issue<\/td>\nBids above Rs 2 lakh<\/td>\n<\/tr>\n
Qualified institutional buyers<\/td>\nNot more than 50% of the net issue<\/td>\nMutual funds, insurers, banks and other institutions<\/td>\n<\/tr>\n
Eligible RIL shareholders<\/td>\nReserved portion of up to Rs 2,500 crore<\/td>\nIndividuals and HUFs holding RIL shares on the date the red herring prospectus was filed<\/td>\n<\/tr>\n
Eligible employees<\/td>\nReserved portion of up to Rs 500 crore<\/td>\nEligible employees, at a Rs 54 discount<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The prospectus says eligible RIL shareholders can bid in their reserved portion and also in the retail or non-institutional portion, and these are not treated as multiple bids. Outside such exceptions, SEBI\u2019s general rule is one application per PAN in an IPO.<\/p>\n

How much can a retail investor bid? An example<\/h2>\n

A retail bid must stay at or under Rs 2 lakh, because bids above that fall in the non-institutional category. The figures below use the top of the price band.<\/p>\n\n\n\n\n\n\n
Lots<\/th>\nShares<\/th>\nAmount at Rs 1,119<\/th>\n<\/tr>\n
1 lot (minimum)<\/td>\n12<\/td>\nRs 13,428<\/td>\n<\/tr>\n
14 lots (retail maximum)<\/td>\n168<\/td>\nRs 1,87,992<\/td>\n<\/tr>\n
15 lots<\/td>\n180<\/td>\nRs 2,01,420, above the retail limit<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Under the prospectus, each retail allottee gets at least one lot, subject to availability, and any remaining shares are shared proportionately. In a heavily oversubscribed issue, many retail applicants may get one lot or none, so a bigger bid may not mean more shares.<\/p>\n

What are the key dates after the Jio IPO closes?<\/h2>\n

The prospectus gives an indicative timetable. Dates marked \u201con or about\u201d can shift.<\/p>\n\n\n\n\n\n\n\n\n
Step<\/th>\nDate<\/th>\n<\/tr>\n
Bidding closes (UPI mandate by 7 pm)<\/td>\nFriday, 23 October 2026<\/td>\n<\/tr>\n
Basis of allotment finalised<\/td>\nOn or about Monday, 26 October 2026<\/td>\n<\/tr>\n
Funds unblocked for non-allottees<\/td>\nOn or about Tuesday, 27 October 2026<\/td>\n<\/tr>\n
Shares credited to demat accounts<\/td>\nOn or about Tuesday, 27 October 2026<\/td>\n<\/tr>\n
Trading starts on NSE and BSE<\/td>\nOn or about Wednesday, 28 October 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

You can verify your bid and, once available, your allotment on the NSE bid verification page<\/a> using your PAN or application number. If you are new to this, BillCut\u2019s guide to demat account basics<\/a> explains where allotted shares land.<\/p>\n

What does the prospectus say about Jio\u2019s business?<\/h2>\n

The abridged prospectus gives these figures for the company and its subsidiaries:<\/p>\n