Reliance Jio IPO
UpcomingMainboardOpens 21 October 2026Closes 23 October 2026
Jio Platforms Limited is India's leading digital connectivity and technology-enabled services company, operating primarily through its subsidiary Reliance Jio Infocomm Limited (RJIL). Backed by Reliance Industries…
Jio Platforms Limited is India's leading digital connectivity and technology-enabled services company, operating primarily through its subsidiary Reliance Jio Infocomm Limited (RJIL). Backed by Reliance Industries Limited, Jio Platforms provides a fully integrated digital ecosystem featuring 4G and 5G network infrastructure, software applications, cloud services, and AI platforms. With over 524 million customers as of March 31, 2026, the company offers consumer digital services (JioTV, JioSaavn, smart home products) alongside robust enterprise and government connectivity solutions. It also holds vast proprietary intellectual property and operates a cloud-native architecture.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
21 Oct 2026
IPO Closes
23 Oct 2026
Allotment
26 Oct 2026
Listing
28 Oct 2026
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 21 October 2026 |
| IPO Close Date | 23 October 2026 |
| Allotment Date | 26 October 2026 |
| Listing Date | 28 October 2026 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹13,428 |
Retail (Max)Just less than ₹2,00,000 | 14 | ₹1,87,992 |
SHNI (Min)Just above ₹2,00,000 | 15 | ₹2,01,420 |
SHNI (Max)Below ₹10,00,000 | 74 | ₹9,93,672 |
BHNIAbove ₹10,00,000 | 75 | ₹10,07,100 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 50.00% |
| NII (Non-Institutional Investor) | 15.00% |
| SHNI (Small Non-Institutional Investor) | 5.00% |
| BHNI (Big Non-Institutional Investor) | 10.00% |
| Retail | 35.00% |
| Total | 100.00% |
IPO Objectives
- Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, Reliance Jio Infocomm Limited (RJIL), amounting to ₹27,500.00 Crore.
- General Corporate Purposes.
Strengths
- Unrivaled scale and market leadership, carrying ~60% of India's wireless data traffic and serving an enormous 524.4 million customer base (as of Mar 2026).
- Fully integrated, proprietary technology stack with extensive investments in 4G/5G, fiber infrastructure, and AI capabilities (JioBrain).
- Unmatched spectrum portfolio across low, mid, and high bands (26,800.8 MHz) ensuring structural protection against supply constraints.
- Deep integration with the Reliance Group ecosystem driving operational synergy and robust channel distribution through Reliance Retail.
Weaknesses
- Capital-intensive business requiring continuous and massive cash outflows (Capex) to upgrade network equipment, acquire spectrum, and fund technological shifts.
- Revenues heavily depend on maintaining or growing ARPU in a highly price-sensitive and fiercely competitive telecommunications market.
- Significant dependence on the parent group and its entities (like RRL for distribution) and a limited group of passive infrastructure vendors (like SDIL).
- Subject to rigorous and frequently shifting government regulations, spectrum usage charges, licensing fees, and stringent data security frameworks.
Financial Performance
| Period Ended | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 6,22,905.3 | 6,15,594 | 5,81,233.8 | 5,39,580.4 |
| Revenue (₹ Cr.) | 40,197.9 | 1,49,759.1 | 1,29,333 | 1,10,175.4 |
| PAT (₹ Cr.) | 7,764.1 | 30,052.7 | 26,120.3 | 21,434 |
| Net Worth (₹ Cr.) | 3,41,778.5 | 3,34,013.4 | 3,04,022.4 | 2,77,866.1 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Jio Platforms | 2.99 | 33.28 | 9.42% | 3,34,013.4 |
| Bharti Airtel Ltd. | 6.76 | 32.65 | 17.91% | 1,95,963 |
| Vodafone Idea Ltd. | 3.64 | 0 | 67.24% | -35,758 |
Subscription Details
No daily bids available.
No subscription statistics available.
Company Details
- Jio Platforms Limited
- Corporate Office: TC-22, 5th Floor, A Wing, Reliance Corporate Park, Thane Belapur Road, Ghansoli, Navi Mumbai 400 701, Maharashtra, India
- +91 22 7967 0000
- jpl.investorrelations@jio.com
- https://www.jio.com
Registrar Details
- KFin Technologies Limited
- +91 40 6716 2222 / 1800 309 4001
- jioplatforms.ipo@kfintech.com
- https://www.kfintech.com
Frequently Asked Questions
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When does the Jio Platforms IPO open and close?
What is the issue size and structure of the Jio Platforms IPO?
What is the price band and minimum retail application size?
Are there any reservations for Reliance Industries shareholders or employees?
Reliance Jio IPO News & Updates
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Reliance Jio IPO IPO Pages
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Reliance Jio IPO Details
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Reliance Jio IPO GMP
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Reliance Jio IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Reliance Jio IPO Allotment
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Reliance Jio IPO Review
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Reliance Jio IPO FAQ
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Reliance Jio IPO Registrar
Registrar website and how to check allotment
Reliance Jio IPO Timeline
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Reliance Jio IPO News
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Sources
We match Reliance Jio IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- KFin Technologies LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.