{"id":319208,"date":"2026-10-21T11:26:51","date_gmt":"2026-10-21T05:56:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=319208"},"modified":"2026-10-21T11:26:51","modified_gmt":"2026-10-21T05:56:51","slug":"how-reliance-jio-platforms-issue-is-acting-as-shot-in-the-arm-for-ril-shares-will-mukesh-ambani-company-stock-fly-more-buy-now","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/how-reliance-jio-platforms-issue-is-acting-as-shot-in-the-arm-for-ril-shares-will-mukesh-ambani-company-stock-fly-more-buy-now\/","title":{"rendered":"RIL Share Price Gets a Shot in the Arm From the Jio Platforms IPO: Will Mukesh Ambani’s Stock Fly More? Buy Now?"},"content":{"rendered":"

The RIL share price traded at Rs 1,222.90 on NSE at 11:20 AM IST on 21 Oct 2026, up 1.74% from Rs 1,202.00, after opening at Rs 1,212 and touching Rs 1,234.30, a gain of about 2.7% (my calculation), within minutes of the open. The Rs 30,213 crore Jio Platforms issue is open until 23 Oct at a price band of Rs 1,065 to Rs 1,119. The RIL share price is still about 24% below its 52-week high of Rs 1,611.80 (my calculation).<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The RIL share price is rising because Jio Platforms, the telecom and digital arm of Reliance Industries, opened a Rs 30,213 crore fresh issue on 21 Oct 2026 at a price band of Rs 1,065 to Rs 1,119, which values it at about Rs 10.3 lakh crore. A listing, reported for 28 Oct, would put a market price on Jio, and brokerages such as Motilal Oswal estimate that the parent trades at a holding company discount of 18% to 36%. Motilal Oswal has a sum of the parts target of Rs 1,530 and Religare Broking a target of Rs 1,696, both with Buy ratings from 15 Oct, which is 25% to 39% above today’s price (my calculation). Whether the RIL share price flies further depends on how Jio trades after listing, so buying now is a decision about your own risk and time horizon.<\/p>\n<\/p><\/div>\n

The RIL share price opened with an upside gap at Rs 1,212 and touched Rs 1,234.30 within a few minutes of the opening bell, then eased to about Rs 1,223 by late morning, so part of the first spike has already faded. The move builds on 15 Oct, when the price band was announced and the RIL share price closed at Rs 1,215.00, up 3.4% on the day (my calculation).<\/p>\n

This guide covers the live snapshot, the terms of the Jio Platforms issue, day-one subscription, brokerage targets, a sum of the parts illustration, valuation against Bharti Airtel, scenarios and risks. It is educational and not a recommendation to buy or sell the stock or to apply to the issue.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

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