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Jio Platforms IPO: date, price band, lot size and how to apply

Jio Platforms IPO opens on 21 October 2026 at ₹1,065 to ₹1,119 a share. Lot size, minimum amount, quotas, allotment and listing dates.

By Saifu team · · 3 min read · Reviewed by Chandan Kumar Dash

Jio Platforms, the Reliance company that owns Jio's mobile and broadband business, opens its IPO on 21 October 2026. At ₹30,213 crore, it is one of the largest IPOs in India. Here are the dates, the price band, how much you need and how to apply. The figures are from the offer document (RHP) filed with SEBI and the NSE issue page.

Key details

How much money you need

You bid in lots of 12 shares. At the top of the band, one lot costs ₹13,428. A retail investor can bid for up to ₹2 lakh, which is 14 lots or 168 shares, costing ₹1,87,992 at ₹1,119. If you bid at the cut-off price, the money blocked is worked out at the top of the band.

Who gets what share of the issue

Check the RHP for the exact limits of each quota before you bid.

What the company does and where the money goes

Jio Platforms runs mobile and home broadband through its company Reliance Jio Infocomm, plus digital services. Reliance Jio Infocomm had 533.3 million customers on 30 June 2026, according to the RHP. Up to ₹27,500 crore of the money raised will be used to repay or prepay loans of Reliance Jio Infocomm. The rest is for general corporate purposes.

How to apply

  1. You need a demat account and a trading account.
  2. In your broker's app, open the IPO section, choose Jio Platforms and enter the number of lots and your price. Most people tick "cut-off".
  3. Enter your UPI ID and approve the payment mandate in your UPI app. The money stays in your bank account but is blocked until allotment.
  4. Approve the mandate by 5 pm on 23 October 2026, the closing day. A bid without an approved mandate is not counted.

You can also apply through your bank's net banking, using ASBA. Only one application per PAN counts in each category.

Allotment, refund and listing dates

IPOs now list 3 working days after the issue closes, called T+3. The RHP gives these expected dates:

Check your result on our allotment status page, which links to the KFin Technologies, BSE and NSE pages. Live subscription numbers and dates are on the Jio Platforms IPO page.

About the grey market premium

Some websites quote a grey market premium (GMP) for Jio Platforms. InvestorGain quoted about ₹221 a share on 16 October 2026. GMP is unofficial. It comes from deals outside the stock exchanges that SEBI does not regulate, it changes every day, and the listing price is often very different.

Before you decide

Saifu is not a SEBI-registered investment adviser. This guide gives facts from the offer document. It is not a recommendation to apply or not to apply. Investments in shares are subject to market risk. Read the risk factors in the RHP and decide for yourself.

Sources: SEBI: Jio Platforms Limited RHP dated 14 October 2026, NSE: Jio Platforms issue information, Upstox: Jio Platforms IPO opens 21 October, price band set, InvestorGain: Jio Platforms IPO GMP, India Today (PTI): Jio Platforms IPO gets over 30 times anchor demand, 19 October 2026.

Rules, rates and limits change. Check the official source linked above before you rely on a figure here. Last checked 19 October 2026. Posts never contain referral or affiliate links from the writer.

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