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Jio Platforms IPO allotment scheduled for October 26
Jio Platforms will schedule its IPO allotment for October 26 after the issue was subscribed more than 22 times.
Key points
- The $3.1 billion IPO received over 10 million applications, surpassing the previous record set by Waaree Energies Ltd.
- Qualified institutional buyers led the demand at 71 times, while non-institutional investors bid 14 times.
- The company is scheduled to debut on the market on October 28, 2026.
Why it matters. The listing represents India's biggest share sale to date, though historical data for IPOs over $2 billion shows a weighted-average first-day drop of 9.9%.
Jio Platforms will conduct its IPO allotment on October 26 following a response that saw the issue subscribed more than 22 times. Reliance Industries Limited backed the offering, which set a price band between ₹1,065 and ₹1,119 per share. One lot contains 12 shares costing ₹13,428 at the upper band, while media reports indicate a grey market premium of ₹248.
Latest updates
Jio Platforms IPO allotment scheduled for October 26
Reliance Industries-backed Jio Platforms will announce IPO allotments on October 26. The issue was subscribed over 22 times, making the allotment process highly competitive. Investors who receive one lot of 12 shares will be charged Rs 13,428. Those not allotted any shares will have their blocked funds released.
Jio Platforms IPO allotment date: Know how to check status online via PAN
Jio Platforms IPO: Following the close of the subscription of the initial public offering (IPO) of Jio Platforms Limited, all eyes of the investors will now be on the finalisation of the allotment of shares. The Jio Platforms IPO allotment is expected to take place on Monday, October 26. The Jio Platforms IPO subscription was opened on October 21 (Wednesday) and concluded on October 23 (Friday). It closed with bids for 22.19 times the shares on offer, as total demand across the public issue and anchor investor placement crossed Rs 7.4 lakh crore and applications approached a world-beating 1.39 crore, reports PTI. Jio Platforms IPO Subscription Jio Platforms IPO received investor bids for 438.3 crore shares against 19.75 crore shares on offer, translating into an overall subscription of 22.19 times, according to the exchange's cumulative demand schedule. According to NSE, Qualified institutional buyers bid for 345.8 crore shares against 4.9 crore reserved, taking their category to 70.55 times subscription. Non-institutional investors subscribed 14 times their allocation, and retail individual investors bid for 2.72 times the shares reserved for them. Jio Platforms IPO Price Band Jio Platforms IPO has set a price band of Rs 1065 to Rs 1119 per equity share. Jio Platforms IPO Allotment Status Check Online - Direct Links The allotment status will be released online on the official .
Reliance Jio IPO Closes With 22.19 Times Subscription
The initial public offering of Reliance Jio Platforms closed on Friday after being subscribed 22.19 times. Institutional investors led the demand, subscribing the offering 70.55 times. Backed by Reliance Industries Limited, the IPO is expected to surpass the 2024 Hyundai Motor India IPO as the largest in Indian history. The company is now moving toward the listing phase.
Jio Platforms IPO Fully Subscribed Within 100 Minutes
Jio Platforms Ltd. saw its $3.1 billion initial public offering fully sold within 100 minutes of opening. Total demand reached 22 times the offered shares, with qualified institutional buyers leading the surge at 71 times subscription. If priced at the top of its range, the company's valuation could reach approximately $107 billion. The listing is scheduled for October 28, despite a general slide in Indian equities over the past week.
Reliance Jio Platforms IPO closes with 22.19 times overall subscription
The IPO saw strong demand from qualified institutional buyers, who subscribed 70.55 times. Retail investors showed moderate interest with a subscription rate of 2.72 times. The offering is backed by Mukesh Ambani-led Reliance Industries Limited. Allotment and listing dates are expected to be announced following the closure of the subscription period.
Jio Platforms IPO Subscriptions Exceed Seven Times Allotted Shares
The Jio Platforms IPO saw a massive surge in subscriptions on its final bidding day, Friday. Total demand has now exceeded $15 billion as investors bet on the company's AI capabilities. Bids were largely placed within the price band of ₹1,065 to ₹1,119. The company is India's largest telecom operator.
Jio Platforms IPO Subscribed 6.76 Times On Day 3
BSE subscription data shows investors bid for 133.51 crore shares against the 19.75 crore shares offered. The overall subscription increased from 5.57X recorded at the end of the second day. Qualified Institutional Buyers (QIBs) showed the strongest interest, subscribing their portion 14.18 times. The bidding process concludes today.
Jio Platforms IPO Receives Bids Worth Rs 3.73 Lakh Crore
Jio Platforms Ltd's Rs 30,200-crore IPO has attracted total demand of approximately Rs 3.73 lakh crore. This figure includes interest from anchor investors and bids from the first two days of public subscription. The subscription is currently over 5.5 times. The offering enters its final day of subscription on October 23, reflecting strong investor appetite for India's largest digital platform.
Jio IPO Subscribed Over 5 Times With ₹3.7 Lakh Crore Demand
The maiden public offering for Jio Platforms has seen strong demand, with total bids reaching approximately ₹3.7 lakh crore by the close of Day 2. The Qualified Institutional Buyer (QIB) portion, offering 4.9 crore shares, was subscribed nearly 13.3 times. The High Net Worth Individual (HNI) portion, with 3.6 crore shares reserved, was subscribed six times. The company is raising ₹30,213 crore through this offering, marking it as a major public issue.
Jio Platforms IPO: Retail quota full, subscribed 3.47 times on day two
The $3.2 billion IPO drew bids for 3.47 times the shares on offer on its second day, led by qualified institutional buyers whose quota was subscribed 9.42 times, exchange data showed Appetite for the $3.2 billion IPO of billionaire Mukesh Ambani's Jio Platforms kept building on Thursday, its second day of public bidding, with orders at 3.47 times the shares up for grabs and the retail portion now fully subscribed, exchange data showed.In what is set to be India's largest IPO and the first by Reliance in 20 years, the listing is a key plank of Ambani's long-term vision to turn Reliance from an oil-and-chemicals giant into an "everything company" spanning consumer, retail and technology.Institutional investors have led demand, with qualified institutional buyers bidding for 9.42 times their quota, exchange data showed. Retail investors, for whom around a third of the issue is reserved, covered their own portion in full by the first two hours of bidding on day two.
Jio Platforms IPO Subscribed 3.27 Times On Second Day Of Bidding
The Jio Platforms IPO entered its second day of bidding on October 22 after a record-breaking opening. The issue, valued at Rs 30,213 crore, crossed the full-subscription mark in under 100 minutes on the first day. Current data shows a total subscription of 3.27x, with QIBs leading at 9.42x. The Grey Market Premium (GMP) is currently reported at nearly 22%.
Jio IPO has a flying start, shares subscribed over three times
The early interest underlines strong interest in the long-awaited IPO, which closes for subscription on 23 October. India's largest initial public offering (IPO) got off to a flying start with Jio Platforms Ltd scoring the highest first-day subscription for any mega share sale, as investors jostled for a pie of the country's largest telecom company.Investors bid for as much as 3.16 times of Jio Platforms shares on offer on Wednesday, compared to Hyundai Motors India Ltd's 0.42 times and the National Stock Exchange's (NSE) 0.72 times subscription on the first day of the share sale. While Hyundai Motors and NSE raised ₹27,858 crore and ₹22,562 crore respectively, Jio will raise ₹30,213 crore at the upper end of the price band. The early interest underlines strong interest in the long-awaited IPO, which closes for subscription on 23 October.The company, which is selling 19.75 crore shares to the public (excluding shares sold to anchor investors) received bids for 62.36 crore shares totalling ₹69,763 crore, BSE data showed, or ₹47,660 crore more than expected. The deal was fully subscribed within 100 minutes, a rare feat for a mega offering in India.Qualified institutional buyers (QIBs) such as foreign institutions and mutual funds led from the front, bidding for 9.42 times the number of shares reserved for them, and making up 74% of the total demand for shares. Except retail inves.
Jio Platforms IPO opens with strong demand and gets subscribed 3.16 times
Jio Platforms Ltd marked a flying start for India's largest initial public offering, securing 3.16 times subscription on its opening day. Investors rushed to secure a stake in the country's leading telecom operator, eclipsing opening figures of prior major listings like Hyundai Motors India Ltd. The mega share sale recorded strong participation across institutional and non-institutional categories, driving early momentum. The bidding process remains open to investors until October 23, with market analysts projecting sustained demand. Company executives and financial advisors are closely monitoring order flows as the massive share sale progresses.
Jio Platforms IPO subscribed 3.16 times on first day, highest for any mega share sale
Jio Platforms Ltd's initial public offering got off to a strong start on Wednesday, with investors bidding for 3.16 times the shares on offer on the first day. This marks the highest first-day subscription for any mega share sale in India, according to Mint. The subscription figure compares favourably with Hyundai Motors India Ltd's 0.42 times on its first day. The IPO, which is India's largest, closes for subscription on 23 October. The early demand reflects strong investor interest in the telecom company, which is part of the Reliance group.
Reliance Jio IPO subscribed 3.16 times on Day 1 led by strong QIB demand
The initial public offering of Jio Platforms Limited witnessed robust demand, getting subscribed 3.16 times on its opening day in Mumbai. Qualified Institutional Buyers led the charge with a subscription of 9.42 times. Non-institutional investors subscribed 1.68 times, RIL shareholders 1.46 times, employees 1.36 times, and retail investors 0.73 times. The massive public offering remains open for bidding until October 23. Market participants are closely watching the share sale as one of the largest telecom listings of the year.
Reliance Jio IPO subscribed 3.16 times on Day 1 led by institutional demand
The initial public offering of Jio Platforms Limited opened for bidding on October 21 and saw strong investor response, achieving an overall subscription of 3.16 times by the end of Day 1. Qualified Institutional Buyers led the demand by subscribing 9.42 times, while non-institutional investors booked 1.68 times. Employees subscribed 1.36 times, RIL shareholders reached 1.46 times, and retail investors subscribed 0.73 times. The share sale remains open for public subscription until October 23.
Reliance Jio IPO Subscribed 3.16 Times on Day One
The initial public offering of Jio Platforms Limited was subscribed 3.16 times on its first day, Wednesday, October 21. Qualified Institutional Buyers (QIBs) led the demand with a 9.42 times subscription. Non-Institutional Investors (NIIs) subscribed 1.68 times, while RIL shareholders and employees subscribed 1.46 and 1.36 times respectively. Retail investors showed lower interest at 0.73 times. The offer remains open until October 23.
Jio Platforms IPO Day 1 Live Updates: Subscription Rises To 3x; QIB Portion Booked 9x
Jio Platforms IPO Live Updates: Follow latest updates on Day 1 subscription status, GMP today, price band, lot size, issue details, and analysts' recommendations. Jio Platforms IPO Live Updates: The Rs 30,213-crore initial public offering (IPO) of Reliance Industries’ digital services arm, Jio Platforms, crossed the full-subscription mark in record time on the first day of bidding on Wednesday, October 21. The Jio Platforms IPO was subscribed 2.96 times overall as of 4:14 pm on Wednesday, October 21, the first day of bidding. Demand from qualified institutional buyers (QIBs) remained particularly strong, with the category subscribed 8.97 times. The non-institutional investor (NII) portion was subscribed 1.48 times, while the retail individual investor category saw 0.67 times subscription. The issue was fully subscribed till 10:36 am, becoming the fastest subscribed mega IPO in Indian capital markets, with investors bidding for about 20.25 crore shares against 19.75 crore shares on offer. With this, the Jio Platforms IPO has emerged as the fastest among recent mega-IPOs to achieve the milestone despite having a larger issue size than its peers. Jio Platforms opened its much-awaited initial public offering (IPO) for public subscription on October 21, and the three-day IPO will close on October 23. Jio Platforms has fixed the price band at Rs 1,065-1,119 per equity share, while th.
Jio Platforms IPO subscribed 1.69 times on Day 1, QIB portion nears 5x
Jio Platforms' Rs 30,213-crore initial public offering crossed full subscription on the first day of bidding on Wednesday, October 21. The IPO was subscribed 1.69 times overall as of 1:24 pm. The qualified institutional buyer (QIB) portion was subscribed nearly 5 times, while the retail quota was booked over 50%. The offering is the digital services arm of Reliance Industries. Analysts are tracking the grey market premium and subscription trends closely. The IPO is among the largest in Indian market history.
Jio Platforms IPO fully subscribed in 100 minutes, fastest-ever in India
Jio Platforms' initial public offering achieved full subscription within 100 minutes of opening for bidding on October 21, marking the fastest-ever subscription for an Indian IPO. The digital arm of Reliance Industries is offering approximately 27 crore fresh equity shares at a price band of ₹1,065 to ₹1,119 per share. The issue is expected to surpass Hyundai Motor India's ₹27,870 crore IPO from October 2024 to become India's largest public listing by value. The subscription window remains open until October 23, with strong demand driven by anchor investors including 25 domestic mutual funds that received 34.34% of the anchor book allocation. Analysts attribute the robust response to Jio Platforms' dominant position in India's telecom and digital services market. The IPO's success also contributed to a strengthening rupee, which rose 29 paise against the US dollar in early trade on the same day.
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