Jio Platforms IPO Date: Opening on 21 October, Listing on 28 October, the $3.8 Billion Issue Size, Timeline, How to Apply and What Is Still Unconfirmed
- October 5, 2026
- Posted by: Neeraj Pandey
- Category: News
Jio IPO reportedly opens 21 Oct (to 23 Oct), lists 28 Oct. $3.8 bn (about Rs 37,700 cr), 27 crore fresh shares. Price band awaited. India’s biggest IPO.
Quick Answer
Jio Platforms IPO date is reportedly Wednesday, 21 October, with the issue open until 23 October and shares expected to list on the BSE and NSE on 28 October, but there is no official announcement yet. The Jio IPO size is estimated at $3.8 billion, about Rs 37,700 crore, entirely a fresh issue of up to 27 crore shares of Rs 10 face value, which would make it India’s largest IPO, about 35% bigger than Hyundai Motor India’s Rs 27,870 crore. Rs 27,500 crore is earmarked to repay borrowings of Reliance Jio Infocomm, and the price band, lot size and anchor details are still awaited. Investors should wait for the red herring prospectus, expected in the week of 12 October, before treating any date as final.
Jio Platforms IPO date is now the most-watched date in the primary market, after reports on 5 October said the Reliance-backed digital and telecom company plans to launch its issue on 21 October. The company has not announced the schedule, and the dates come from Reuters and CNBC-TV18 sources and are subject to market conditions.
If you are searching for the Jio Platforms IPO date, the Jio IPO listing date, the Jio IPO price band and the Jio IPO size, this article covers the reported timeline, the anchor round before Dussehra, the Rs 37,700 crore fresh issue of 27 crore shares, use of proceeds, Reliance Industries’ stake and reservations, how to apply with UPI and the risks. Details may change once the red herring prospectus is filed, so confirm on the exchange websites.
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Jio Platforms IPO Date and Timeline
| Step | Date | Status |
|---|---|---|
| Draft red herring prospectus filed with SEBI | 19 June 2026 | Done |
| SEBI final observations | 28 August 2026 | Done |
| Global roadshows in the US, UK, Dubai, Hong Kong and Singapore | September to early October | Completed, led by Akash and Isha Ambani |
| Red herring prospectus and India roadshow | Week of 12 October | Expected |
| Anchor book | About 19 October, before Dussehra on 20 October | Reported |
| IPO opens and closes | 21 October to 23 October | Reported, not confirmed |
| Listing on BSE and NSE | 28 October | Reported, subject to market conditions |
The Jio Platforms IPO date and a Jio IPO listing date of 28 October fit the usual cycle of allotment finalisation, refunds and credit of shares in the three working days after the issue closes. Banking sources say the anchor round could begin before Dussehra, and the public issue would open after the festival and before 23 October.
Jio Platforms IPO Size and Structure Behind the Jio Platforms IPO Date
| Item | Detail |
|---|---|
| Estimated issue size | About $3.8 billion, roughly Rs 37,700 crore |
| Structure | 100% fresh issue, no offer for sale |
| Shares offered | Up to 27 crore equity shares of face value Rs 10 |
| Size against post-issue equity | About 2.9% |
| Book running lead manager | Kotak Mahindra Capital Company |
| Registrar | KFin Technologies |
| Price band and lot size | Not yet announced |
Dividing Rs 37,700 crore by 27 crore shares implies a price near Rs 1,400 a share, my back-of-envelope arithmetic, but the actual price band will be announced with the red herring prospectus and may differ. Hyundai Motor India’s Rs 27,870 crore issue in October 2024 is the current record. The Jio IPO price band and the Jio IPO size will not be final until the Jio Platforms IPO date is announced.
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Where Will the Jio IPO Money Go?
The draft prospectus says about Rs 27,500 crore will be used to prepay or repay, in full or in part, borrowings of Reliance Jio Infocomm, Jio Platforms’ material subsidiary. That is about 38% of Reliance Jio Infocomm’s roughly Rs 71,529 crore of borrowings. The balance is for general corporate purposes.
Because the issue behind the Jio Platforms IPO date is entirely fresh, the money goes to the company and not to selling shareholders such as Reliance Industries, which owns about 66.4% to 67%, or Meta and Google, which hold about 17.7% together.
How to Apply Once the Jio Platforms IPO Date Is Confirmed
- Have a demat account and a UPI-linked bank account ready, since bids use the ASBA process.
- Wait for the price band, lot size and the confirmed Jio Platforms IPO date in the red herring prospectus.
- Place a bid through your broker or app within the Jio Platforms IPO date window of 21 to 23 October if the schedule holds.
- Retail investors can bid up to Rs 2 lakh in the retail category, and there are reserved portions for eligible Reliance Industries shareholders and for employees, who can bid up to Rs 5 lakh.
- Approve the UPI mandate and check allotment status after the issue closes.
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What Is Still Unconfirmed About the Jio Platforms IPO Date
| Item | Why it matters |
|---|---|
| Official announcement | No company or SEBI confirmation of the Jio Platforms IPO date yet |
| Price band | Decides valuation and cost per share |
| Valuation | Reports range from about $137 billion to $146 billion enterprise value |
| Allocation | Split between anchor, institutions, non-institutions, retail and reservations is awaited |
| Market conditions | A weak market or volatility could delay the schedule |
Risks for Investors Around the Jio Platforms IPO Date
Date risk: The Jio Platforms IPO date is sources-based and can shift if markets weaken.
Valuation: A valuation of about $143 billion to $146 billion leaves little room for error.
Liquidity drain: A Rs 37,700 crore issue on the Jio Platforms IPO date absorbs cash that could otherwise go into other stocks.
Debt and competition: Heavy borrowings and tariff competition with Bharti Airtel and Vodafone Idea affect returns.
Listing gain: A very large issue may list with a smaller premium than smaller IPOs.
Conclusion
The Jio Platforms IPO date is reportedly 21 October to 23 October with a 28 October listing, a $3.8 billion fresh issue of up to 27 crore shares and no official confirmation yet. The price band, lot size and anchor details are awaited, and the red herring prospectus in the week of 12 October should settle the Jio Platforms IPO date and price band. Consult a SEBI-registered advisor before making any decision.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Jio Platforms IPO date?
Ans. Reports say the IPO may open on 21 October and close on 23 October, with listing on 28 October, but there is no official announcement.
What is the Jio IPO listing date?
Ans. The Jio IPO listing date is reportedly 28 October on the BSE and NSE, after the Jio Platforms IPO date window, subject to market conditions.
What is the Jio IPO size?
Ans. The Jio IPO size is estimated at about $3.8 billion, around Rs 37,700 crore, entirely a fresh issue of up to 27 crore shares.
What is the Jio IPO price band?
Ans. The Jio IPO price band has not been announced and should come with the red herring prospectus that confirms the Jio Platforms IPO date.
How will Jio use the IPO money?
Ans. About Rs 27,500 crore is earmarked to repay borrowings of Reliance Jio Infocomm, with the rest for general corporate purposes.
Is the Jio IPO the biggest in India?
Ans. Yes, it would be India’s largest IPO, about 35% bigger than Hyundai Motor India’s Rs 27,870 crore issue, if the size holds.
How can I apply for the Jio IPO?
Ans. Use a demat account and UPI through your broker once the Jio Platforms IPO date arrives, and wait for the price band and lot size.
Should I apply for the Jio IPO?
Ans. This article does not constitute investment advice. Wait for the price band and valuation, and consult a SEBI-registered financial advisor before applying.
