IPO profile
Jio Platforms Limited
JPL · NSE
- Price band
- ₹1,065 - ₹1,119
- Subscription
- 12.45x
Application & Issue Details
- Minimum Quantity
- 12 shares
- Minimum Application
- ₹13,428
- Issue Size
- Rs. 30188 Cr
- Face Value
- Not available
Company Overview
Jio Platforms delivers digital connectivity in India via a proprietary, AI-driven 5G stack (JioBrain), JioAirFiber, and JioFiber. Revenue is primarily generated through subsidiary Reliance Jio Infocomm’s mobile, enterprise, and rural broadband services. The company also offers digital entertainment/utility apps (JioTV, JioSaavn) and cloud computing solutions, with strategic plans to monetize its homegrown technology internationally through global partnerships and managed service arrangements.
Important Dates
- Open Date
- 21 Oct 2026
- Close Date
- 23 Oct 2026
- Allotment Date
- Not available
- Listing Date
- 28 Oct 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Grey Market Premium (GMP)
- Latest GMP
- +₹248.63
- GMP %
- +22.22%
- Quoted on
- 25 Oct 2026, 5:30 am
As of 25 Oct
GMP history (3 stored records)
| Quoted on | Stored | GMP | GMP % | Est. listing |
|---|---|---|---|---|
| 25 Oct 2026, 5:30 am | 25 Oct 2026, 8:02 pm | +₹248.63 | +22.22% | ₹1,367.63 |
| 25 Oct 2026, 5:30 am | 25 Oct 2026, 12:31 pm | +₹247.18 | +22.09% | ₹1,366.18 |
| 25 Oct 2026, 5:30 am | 25 Oct 2026, 12:08 pm | +₹247 | +22.07% | ₹1,366 |
Grey Market Premium (GMP) is unofficial and indicative. Actual listing price may differ.
Indicative Listing Estimate
- Est. Listing Price
- ₹1,367.63
- Est. Gain/Loss Per Share
- +₹248.63
- Est. Gain/Loss Per Lot
- +₹2,983.56
- Calculated On
- ₹1,119
Estimated listing price = upper price band + GMP. The final issue price is not yet known, so the upper end of the price band is assumed. Per-lot figures use 12 shares per lot. Indicative only: not a guaranteed listing price or profit, and excludes brokerage, taxes and charges.
Subscription
- QIB
- 37.22x
- NII
- 9.91x
- Retail
- 1.71x
- Total subscribed
- 12.45x
- Shares offered
- 19,75,25,934
- Shares bid
- 2,45,98,86,672
Updated 25 Oct 2026, 8:02 pm · source: nse
IPOAlerts subscription snapshot updated 24 Oct 2026, 11:00 pm.
Company Strengths & Risks
Reported strengths
- Operates a full-stack technology platform built on proprietary digital technology and connectivity infrastructure.
- Has the largest spectrum holding in India; has the most extensive network infrastructure with nationwide wireless and broadband coverage.
- Net debt to EBITDA has fallen from 0.88x (FY24) to 0.36x (FY26)
- Carried about 60% of India’s wireless data traffic in FY26
- Capitalizes on the distribution strength of Reliance Retail and the MyJio App to distribute connections and digital services
Key risks
- Intense competition from telecom operators and global digital technology companies may impact growth and pricing.
- Changes in telecom licensing, spectrum policies, or data regulations could affect business operations.
- Cybersecurity threats, data privacy issues, or infrastructure vulnerabilities could impact customer trust and services.
- ₹1.05 lakh crore owed to DoT in deferred spectrum payments
- Has never paid a dividend; RIL keeps control after listing
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 8:02 pm IST · GMP: ipoalerts · subscription: nse
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.