Jio Platforms IPO Day 2: Subscription Status on 22 October 2026

Jio Platforms Limited, the digital connectivity and technology arm of Reliance Industries, is on Day 2 of its IPO bidding window, which opened on 21 October 2026 and closes on 23 October 2026. The Jio Platforms IPO is a mainboard, book built issue worth about Rs 30,213 crore, entirely a fresh issue of up to 27 crore shares, and the shares are proposed to list on BSE and NSE.

Big NII bidders were at 1.75 times and small NII bidders at 1.33 times, while the eligible shareholder portion reached 1.41 times and the employee portion 1.33 times. Retail applications were the one segment still short of full subscription on opening day.

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Jio Platforms IPO Details

The table below sets out the key parameters of the Jio Platforms IPO.

Open Date	21 October 2026
Close Date	23 October 2026
Face Value	Rs 10 per share
Price Band	Rs 1,065 to Rs 1,119 per share
Lot Size	12 shares
Issue Size	About Rs 30,213 crore at the upper band (entirely fresh issue of 27 crore shares)
Issue Type	Book Built Issue, Mainboard
Listing At	BSE, NSE
Allotment Date	26 October 2026
Listing Date	28 October 2026

Jio Platforms IPO Subscription Status Day 2

The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the Day 1 reading on Wednesday, 21 October.

Session	Overall	QIB	NII	Retail	Shareholder	Employee
Day 1 close (21 Oct)	3.04x	9.04x	1.61x	0.73x	1.41x	1.33x
Day 2, so far (22 Oct)	Updating through the session

Institutional demand showed up early, with QIB already above nine times on opening day. Figures are the exchange reading at about 5:55 PM on 21 October, so confirm final numbers on NSE or BSE as bidding continues until 23 October.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Jio Platforms IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 1,065 to Rs 1,119 band, in multiples of 12 shares.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 23 October.

Download the Univest iOS App or Univest Android App to apply for the issue before the 23 October close.

Grey market premium (GMP) is an unofficial, unregulated indicator for the issue 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.

Conclusion

The issue enters Day 2 already subscribed 3.04 times, led by QIB demand, with retail at 0.73 times. Investors considering the issue should weigh the valuation of about Rs 10.3 lakh crore at the upper band, the use of proceeds towards repaying subsidiary borrowings and the separate shareholder and employee quotas, and read the RHP on bseindia.com before applying after independent due diligence.

FAQs

What is the Jio Platforms IPO subscription status on Day 2?

Ans. The issue carries forward a Day 1 close of 3.04 times overall, with QIB at 9.04 times, NII at 1.61 times and retail at 0.73 times, and figures for Day 2, 22 October 2026, are updating through today's session on BSE and NSE.

When does the Jio Platforms IPO close?

Ans. The issue closes for subscription on 23 October 2026, having opened on 21 October 2026.

What is the Jio Platforms IPO price band and lot size?

Ans. The issue price band is Rs 1,065 to Rs 1,119 per share, with a lot size of 12 shares. A retail investor needs at least one lot, which is about Rs 13,428 at the upper price band.

Is the Jio Platforms IPO fully subscribed?

Ans. Yes, overall. The issue was subscribed 3.04 times at the Day 1 reading on 21 October, with QIB at 9.04 times excluding the anchor portion, NII at 1.61 times and retail at 0.73 times, so the retail category had not yet been fully subscribed.

What is the Jio Platforms IPO GMP?

Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue 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.

How do I apply for the Jio Platforms IPO?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 1,065 to Rs 1,119 band, in multiples of 12 shares, then approving the UPI mandate before the daily cut off.

When will the Jio Platforms IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 26 October 2026, with listing on BSE and NSE tentatively scheduled for 28 October 2026.

What does Jio Platforms Limited do?

Ans. Jio Platforms Limited is a technology company focused on digital connectivity, digital services and technology led solutions, and its subsidiary Reliance Jio Infocomm offers mobile and fixed broadband and digital services to about 533.3 million customers.