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Jio Platforms IPO: India's largest public issue to list on October 28
Jio Platforms, a digital services unit of Reliance Industries, is set to debut on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on October 28, 2026. The ₹30,213 crore initial public offering (IPO) has become the largest in Indian history, surpassing the previous record held by Hyundai Motor India.
The issue saw extraordinary demand, receiving approximately 1.38 crore to 1.39 crore applications and totaling over ₹7.4 lakh crore in bids. The IPO was fully subscribed within 100 minutes of opening. Subscription levels included 70.55 times for Qualified Institutional Buyers (QIB), 14 times for Non-Institutional Investors (NII), and 2.72 times for retail investors.
Share allotment is expected to be finalized on October 26, with unsuccessful applicants scheduled to receive refunds starting October 27. The upper price band for the IPO was set at ₹1,119 per share. Current grey market signals indicate a premium of approximately ₹247, suggesting a potential listing price of around ₹1,366, which would represent a gain of over 22 percent for investors.
Entities
Bombay Stock Exchange · Jio Platforms · Jio Platforms Limited · Kfin Technologies · Mukesh Ambani · National Stock Exchange · National Stock Exchange of India · Reliance Industries
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 6 SOURCES] The listing date is scheduled for October 28. www.zoomnews.in · udaipurkiran.com · navabharat.com · navbharatlive.com · www.tv9hindi.com
- [● 10 SOURCES] Qualified Institutional Buyers (QIBs) subscribed 70.55 times. hybiz.tv · hindi.asianetnews.com · udaipurkiran.com · navabharat.com · www.zoomnews.in · +4 more
- [● 7 SOURCES] Jio Platforms IPO is valued at ₹30,213 crore. www.zoomnews.in · hybiz.tv · udaipurkiran.com · www.news18.com · navabharat.com · +1 more
- [● 6 SOURCES] The IPO received approximately 1.38 crore to 1.39 crore applications. hybiz.tv · udaipurkiran.com · www.news18.com · navabharat.com · businessconnectindia.in
- [● 4 SOURCES] The upper price band for the IPO was set at ₹1,119 per share. udaipurkiran.com · navabharat.com · businessconnectindia.in
- [● 10 SOURCES] The IPO was subscribed 22.19 times. hindi.asianetnews.com · www.news18.com · navabharat.com · www.zoomnews.in · businessconnectindia.in · +4 more
- [● 9 SOURCES] The share allotment is expected to be finalized on October 26. www.zoomnews.in · hindi.asianetnews.com · udaipurkiran.com · www.news18.com · navabharat.com · +2 more
- [● 5 SOURCES] The grey market premium (GMP) is approximately ₹247. www.zoomnews.in · udaipurkiran.com · navabharat.com · www.tv9hindi.com