{"id":325239,"date":"2026-10-23T13:27:08","date_gmt":"2026-10-23T07:57:08","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325239"},"modified":"2026-10-23T13:27:08","modified_gmt":"2026-10-23T07:57:08","slug":"reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/","title":{"rendered":"Reliance Jio IPO: What Grey Market Premium Signals, Last Few Hours to Apply and the Latest Subscription Status"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Reliance Jio IPO was subscribed 7.64 times by Friday afternoon, 23 Oct 2026, led by institutional investors. Bidding closes at 4 PM for QIB and non-institutional investors and at 5 PM for retail, shareholder and employee categories, and the UPI mandate must be approved by 7 PM. Allotment is on 26 Oct, refunds on 27 Oct and listing on 28 Oct.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Reliance Jio IPO has only a few hours left, with retail bidding closing at 5 PM today and the UPI mandate approval due by 7 PM. It was subscribed 7.64 times by Friday afternoon, with institutions far ahead of retail investors, who were near 2 times at midday. Grey market premium is an unofficial indicator and the reports describe it as positive but lower than on day 1. This is an educational guide and not advice to apply or avoid.<\/p>\n<\/p><\/div>\n<p>Reliance Jio IPO is a Rs 30,213 crore fresh issue, the largest in India, with a price band of Rs 1,065 to Rs 1,119 and a lot of 12 shares. The last day is when many applicants are still deciding, so the practical details matter as much as the headline demand.<\/p>\n<p>This guide to the Reliance Jio IPO covers the deadlines, the subscription status, what grey market premium signals, the quotas, the allotment odds, how to apply and what happens after bidding. It is educational and not a recommendation.<\/p>\n<p style=\"margin-top:24px;\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#Reliance_Jio_IPO_Last_Day_Deadlines\" title=\"Reliance Jio IPO: Last Day Deadlines\">Reliance Jio IPO: Last Day Deadlines<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#Latest_Subscription_Status_of_the_Reliance_Jio_IPO\" title=\"Latest Subscription Status of the Reliance Jio IPO\">Latest Subscription Status of the Reliance Jio IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#What_Does_Grey_Market_Premium_Signal_for_the_Reliance_Jio_IPO\" title=\"What Does Grey Market Premium Signal for the Reliance Jio IPO?\">What Does Grey Market Premium Signal for the Reliance Jio IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#Reliance_Jio_IPO_Quotas_and_Lot_Sizes\" title=\"Reliance Jio IPO Quotas and Lot Sizes\">Reliance Jio IPO Quotas and Lot Sizes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#Allotment_Odds_in_the_Reliance_Jio_IPO\" title=\"Allotment Odds in the Reliance Jio IPO\">Allotment Odds in the Reliance Jio IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#How_to_Apply_in_the_Last_Few_Hours\" title=\"How to Apply in the Last Few Hours\">How to Apply in the Last Few Hours<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#Points_to_Weigh_Before_Bidding_on_the_Reliance_Jio_IPO\" title=\"Points to Weigh Before Bidding on the Reliance Jio IPO\">Points to Weigh Before Bidding on the Reliance Jio IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#What_to_Watch_Next_on_the_Reliance_Jio_IPO\" title=\"What to Watch Next on the Reliance Jio IPO\">What to Watch Next on the Reliance Jio IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#What_is_the_Reliance_Jio_IPO_subscription_status_today\" title=\"What is the Reliance Jio IPO subscription status today?\">What is the Reliance Jio IPO subscription status today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#What_is_the_last_time_to_apply_for_the_Reliance_Jio_IPO\" title=\"What is the last time to apply for the Reliance Jio IPO?\">What is the last time to apply for the Reliance Jio IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#What_does_grey_market_premium_signal_for_the_Reliance_Jio_IPO\" title=\"What does grey market premium signal for the Reliance Jio IPO?\">What does grey market premium signal for the Reliance Jio IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#What_are_the_chances_of_allotment_in_the_Reliance_Jio_IPO\" title=\"What are the chances of allotment in the Reliance Jio IPO?\">What are the chances of allotment in the Reliance Jio IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#What_is_the_price_band_and_lot_size_of_the_Reliance_Jio_IPO\" title=\"What is the price band and lot size of the Reliance Jio IPO?\">What is the price band and lot size of the Reliance Jio IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#When_are_allotment_refunds_and_listing_for_the_Reliance_Jio_IPO\" title=\"When are allotment, refunds and listing for the Reliance Jio IPO?\">When are allotment, refunds and listing for the Reliance Jio IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#Who_can_apply_in_the_Reliance_shareholder_category\" title=\"Who can apply in the Reliance shareholder category?\">Who can apply in the Reliance shareholder category?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/reliance-jio-initial-public-offering-last-few-hours-to-apply-subscription-status-7-64-times-what-grey-market-premium-signals\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Reliance_Jio_IPO_Last_Day_Deadlines\"><\/span><strong>Reliance Jio IPO: Last Day Deadlines<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reliance Jio IPO: event<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Date and time<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bidding closes for QIB and non-institutional investors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23 Oct 2026, 4 PM<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bidding closes for retail, shareholder and employee categories<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23 Oct 2026, 5 PM<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">UPI mandate approval deadline<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23 Oct 2026, 7 PM<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Basis of allotment<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">26 Oct 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Refunds and demat credit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">27 Oct 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Listing on NSE and BSE<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">28 Oct 2026<\/td>\n<\/tr>\n<\/table>\n<p>Banks and brokers may stop accepting bids earlier than the exchange cut-off, so apply well before 5 PM. A mandate that is not approved by 7 PM can lead to a rejected bid, so keep your UPI app open after you place the order.<\/p>\n<p style=\"margin-top:24px;\"><strong>Compare IPO details and track upcoming issues on the Univest IPO page<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Latest_Subscription_Status_of_the_Reliance_Jio_IPO\"><\/span><strong>Latest Subscription Status of the Reliance Jio IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reliance Jio IPO: category<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">22 Oct evening<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">23 Oct midday<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">QIB (excluding anchor)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 13.1 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 14.4 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Non-institutional investors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 5.9 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 9.4 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Retail investors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 1.5 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 2.1 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reliance shareholders<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 4.0 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 5.7 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Employees<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 2.1 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 2.5 times<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Overall<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 5.5 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 6.9 times<\/td>\n<\/tr>\n<\/table>\n<p>The Reliance Jio IPO reached 7.64 times overall by Friday afternoon according to the headline, up from about 6.9 times at midday. The 22 Oct figures are from IPO trackers and the 23 Oct figures from HDFC Sky at midday, so they are from different sources and times. The final numbers come from the exchanges after the close.<\/p>\n<p>The pattern is clear. Institutions are bidding many times over their share, while retail demand is about two times. That suggests the Reliance Jio IPO is an institution-led issue where retail applicants still have a fair chance of allotment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Does_Grey_Market_Premium_Signal_for_the_Reliance_Jio_IPO\"><\/span><strong>What Does Grey Market Premium Signal for the Reliance Jio IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<p>Reports describe the grey market premium for the Reliance Jio IPO as positive but lower than it was on day 1. In general, a positive premium shows that unofficial traders expect the shares to list above the issue price, and a falling premium shows that expectations have cooled. It is only a mood gauge and it cannot tell you how the stock will trade after listing.<\/p>\n<p>A very large issue can list above or below that mood, since supply on listing day is huge. The better guides for the Reliance Jio IPO are the official subscription data, the valuation and your own risk profile.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Reliance_Jio_IPO_Quotas_and_Lot_Sizes\"><\/span><strong>Reliance Jio IPO Quotas and Lot Sizes<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reliance Jio IPO: quota<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Share of the issue<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Anchor<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">26.84%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">QIB<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">18.15%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Non-institutional (big 9%, small 4.5%)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">13.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Retail<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">31.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reliance shareholders (up to Rs 2,500 crore)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">8.27%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Employees<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.74%<\/td>\n<\/tr>\n<\/table>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reliance Jio IPO: bid size<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Shares and amount at Rs 1,119<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Retail minimum (1 lot)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">12 shares, Rs 13,428<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Retail maximum (14 lots)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">168 shares, Rs 1,87,992<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Small non-institutional (15 to 74 lots)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">180 to 888 shares, Rs 2,01,420 to Rs 9,93,672<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Big non-institutional (75 lots and above)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">900 shares and above, Rs 10,07,100 and above<\/td>\n<\/tr>\n<\/table>\n<p>Quota figures are as listed by IPO trackers, so confirm them in the red herring prospectus. Retail has the largest share of the main offer at 31.5%, which is worth about Rs 9,517 crore (my calculation).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Allotment_Odds_in_the_Reliance_Jio_IPO\"><\/span><strong>Allotment Odds in the Reliance Jio IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In an oversubscribed retail category, shares go by a computerised lottery in lot-sized units. With retail subscribed about 2.1 times at midday, a rough chance of getting one lot is about 48% (my calculation, simplified). Applying for more lots does not improve the chance of getting the first lot, and the odds fall further if retail demand rises in the last hours.<\/p>\n<p>Each PAN can apply once per category. Eligible Reliance shareholders may apply once in the shareholder category and once in the retail or non-institutional category. The shareholder category needs Reliance Industries shares in the linked demat account as of 14 Oct 2026, is for individuals and HUFs with bids up to Rs 2 lakh, and holding shares does not guarantee allotment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_in_the_Last_Few_Hours\"><\/span><strong>How to Apply in the Last Few Hours<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open your broker or bank app and select the issue, then choose your demat account.<\/li>\n<li>Enter the number of lots, which is a multiple of 12 shares, and the cut-off price if you want to bid at the upper band.<\/li>\n<li>Enter your UPI ID and submit the application.<\/li>\n<li>Approve the mandate request in your UPI app before 7 PM so that the amount is blocked.<\/li>\n<li>Keep the application number safe for checking the allotment status on 26 Oct.<\/li>\n<\/ol>\n<p>Funds stay in your account with a block and are released if you are not allotted shares, which is expected on 27 Oct. Allotment status can be checked on the KFin Technologies website or the exchange websites using your PAN or application number.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Points_to_Weigh_Before_Bidding_on_the_Reliance_Jio_IPO\"><\/span><strong>Points to Weigh Before Bidding on the Reliance Jio IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Valuation.<\/strong> The issue is priced at about 33 to 34 times earnings, so it assumes continued growth in revenue per user.<\/li>\n<li><strong>Tariff and regulation.<\/strong> Profit growth depends on tariff increases and on regulatory decisions.<\/li>\n<li><strong>Large listing supply.<\/strong> A very large issue can see heavy selling or buying on day one.<\/li>\n<li><strong>Your horizon.<\/strong> Short-term listing hopes and long-term ownership are different goals.<\/li>\n<\/ol>\n<p>Anyone bidding in the Reliance Jio IPO should also check that the bank account linked to the UPI ID has enough balance for the full amount, since a block that fails will cancel the bid. Applicants should not place more than one bid in the same category on the same PAN, as duplicate bids can be rejected.<\/p>\n<p>Because the Reliance Jio IPO is the largest issue so far, many first-time applicants are bidding. Keeping a record of the application number, the amount blocked and the date of each step will help if you need to follow up with your broker or the registrar after allotment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_on_the_Reliance_Jio_IPO\"><\/span><strong>What to Watch Next on the Reliance Jio IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>The final subscription figures on NSE and BSE after the 5 PM close<\/li>\n<li>The basis of allotment on 26 Oct and the status on the KFin Technologies website<\/li>\n<li>Refunds and demat credit on 27 Oct<\/li>\n<li>Market mood over the weekend and on 27 Oct<\/li>\n<li>The listing price on 28 Oct against the upper band of Rs 1,119<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Reliance Jio IPO has a few hours left, with retail bidding closing at 5 PM and the UPI mandate due by 7 PM, after a subscription of 7.64 times by Friday afternoon. Institutions are leading, retail demand is near 2 times and the grey market premium is only an unofficial mood gauge. Read the prospectus and decide on your own horizon.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Reliance_Jio_IPO_subscription_status_today\"><\/span><strong>What is the Reliance Jio IPO subscription status today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It was subscribed 7.64 times by Friday afternoon on 23 Oct 2026, led by institutional investors. At midday, QIBs were at about 14.4 times, non-institutional investors at about 9.4 times and retail at about 2.1 times.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_last_time_to_apply_for_the_Reliance_Jio_IPO\"><\/span><strong>What is the last time to apply for the Reliance Jio IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bidding closes at 4 PM for QIB and non-institutional investors and at 5 PM for retail, shareholder and employee categories. The UPI mandate must be approved by 7 PM, and brokers or banks may close earlier.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_grey_market_premium_signal_for_the_Reliance_Jio_IPO\"><\/span><strong>What does grey market premium signal for the Reliance Jio IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reports describe it as positive but lower than on day 1, which suggests cooler expectations. It is unofficial and not endorsed by SEBI, NSE or BSE, so it should never be the sole basis for a decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_chances_of_allotment_in_the_Reliance_Jio_IPO\"><\/span><strong>What are the chances of allotment in the Reliance Jio IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail was subscribed about 2.1 times at midday, so a simplified chance of one lot is about 48% by my calculation. Allotment is by lottery, and applying for more lots does not raise the chance of the first lot.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_price_band_and_lot_size_of_the_Reliance_Jio_IPO\"><\/span><strong>What is the price band and lot size of the Reliance Jio IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The price band is Rs 1,065 to Rs 1,119 per share and the lot is 12 shares. One lot costs Rs 13,428 at the upper band and the maximum retail bid of 14 lots costs Rs 1,87,992.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_are_allotment_refunds_and_listing_for_the_Reliance_Jio_IPO\"><\/span><strong>When are allotment, refunds and listing for the Reliance Jio IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Allotment is expected on 26 Oct, refunds and demat credit on 27 Oct, and listing on NSE and BSE on 28 Oct 2026. Check status on the KFin Technologies website.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_can_apply_in_the_Reliance_shareholder_category\"><\/span><strong>Who can apply in the Reliance shareholder category?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Individuals and HUFs who held Reliance Industries shares in the linked demat account on 14 Oct 2026 can bid up to Rs 2 lakh at cut-off. Holding shares does not guarantee allotment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Reliance Jio IPO subscription status today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It was subscribed 7.64 times by Friday afternoon on 23 Oct 2026, led by institutional investors. At midday, QIBs were at about 14.4 times, non-institutional investors at about 9.4 times and retail at about 2.1 times.\"}},{\"@type\":\"Question\",\"name\":\"What is the last time to apply for the Reliance Jio IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bidding closes at 4 PM for QIB and non-institutional investors and at 5 PM for retail, shareholder and employee categories. The UPI mandate must be approved by 7 PM, and brokers or banks may close earlier.\"}},{\"@type\":\"Question\",\"name\":\"What does grey market premium signal for the Reliance Jio IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Reports describe it as positive but lower than on day 1, which suggests cooler expectations. 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Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Jio IPO subscribed 7.64x by Friday afternoon. Last few hours to apply, cut-off times, UPI deadline, quotas, allotment odds and what grey market premium signals.<\/p>\n","protected":false},"author":28,"featured_media":325238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[15246,15245,15247,15244,14814,15249,15250,13714,15248,4700],"class_list":["post-325239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-jio-ipo-allotment-odds","tag-jio-ipo-grey-market-premium","tag-jio-ipo-how-to-apply","tag-jio-ipo-last-day","tag-jio-ipo-listing-date","tag-jio-ipo-quota","tag-jio-ipo-retail","tag-jio-ipo-subscription-status","tag-jio-ipo-upi-mandate","tag-reliance-jio-ipo"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["325238"],"rank_math_title":["Reliance Jio IPO Last Hours: Subscribed 7.64x, What GMP Signals"],"rank_math_description":["Reliance Jio IPO is subscribed 7.64x by Friday afternoon. 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