- Summary
- Jio Platforms IPO is a mainboard book-built issue comprising up to 27 crore fresh equity shares with a face value of ₹10 each.
- The timeline and issue price band are yet to be disclosed.
- The shares are fixed to be listed on both the NSE and BSE platforms.
Jio Platforms IPO is a proposed mainboard public issue of up to 27 crore fresh equity shares of face value ₹10 each. The IPO is proposed to be listed on BSE and NSE and does not have an OFS component. The company has not disclosed the final price band, lot size or official bidding dates in the June 19, 2026 DRHP. Investors can use the company’s financial performance, business strengths, IPO objectives and risk factors to understand the issue before the final offer details are announced.
Jio Platforms IPO Key Details
The table below presents the essential details investors should know before applying for the Jio Platforms IPO.
| IPO Open Date | – |
| Close Date | – |
| Face value | ₹10 per share |
| Price Band | – |
| IPO Lot Size | – |
| Fresh issue | 27,00,00,000 shares |
| Offer for Sale | _ |
| Type of issue | Mainboard |
| Listing at | BSE and NSE |
| Total Issue Size (₹ Crore) | – |
| Minimum Investment | – |
Jio Platforms IPO Timeline
Below is the complete schedule of events for the Jio Platforms IPO.
| Bid Opening | – |
| Bid Closing | – |
| Tentative Allotment | – |
| Initiation of Refunds | – |
| Credit of Shares to Demat | – |
| Tentative Listing Date | – |
| UPI mandate closing date | – |
Key Performance Indicators of Jio Platforms IPO
These financial ratios highlight the company’s profitability, capital efficiency, and overall financial performance over the past three financial years.
| 31-03-2026 | 31-03-2025 | 31-03-2024 | |
| ROE (%) | _ | _ | _ |
| ROCE (%)(Average) | 10.76 | 12.50 | 12.83 |
| Net Debt Equity (in times) | _ | _ | _ |
| RoNW (%) | 9.42 | 8.97 | 8.02 |
| PAT Margin (%) | 20.46 | 20.36 | 19.55 |
| EBITDA margin (%) | 51.91 | 50.05 | 50.16 |
| Price to book | _ | _ | _ |
Jio Platforms IPO Financial Details
The Financial information of the Jio Platforms IPO is as follows.
| FY 2025-2026 | FY 2024-2025 | FY 2023-2024 | |
| Revenue | 1,46,885 | 1,28,218 | 1,09,558 |
| Total Asset | 6,15,594 | 5,81,234 | 5,39,580 |
| Profit | 30,049 | 26,109 | 21,423 |
(Amount in ₹ Crores)
Jio Platforms IPO Subscription Status
The subscription data will be available once bidding begins.
Bidding is open from 10:00 AM to 5:00 PM on public issue days.
Jio Platforms IPO Grey Market Premium (GMP)
The current status of the Grey Market Premium for the Jio Platforms IPO shows a GMP of ₹150 with an estimated listing price of ₹150.
| GMP Date | IPO Price | GMP | Est. Listing Price | Est. Gain | Last updated |
| 05-10-2026 | ₹0 | ₹150 | ₹150 | 0.00% | 24-09-2026, 13:37 |
| 04-10-2026 | ₹0 | ₹148 | ₹148 | 0.00% | 23-09-2026, 23:37 |
GMP is the premium value of the IPO share in the unofficial market before it opens for subscription.
Jio Platforms IPO Reservation
The following table shows the distribution of shares reserved for retail investors, QIBs, and NIIs under the IPO.
| Investor Category | Offered No. of Shares |
| QIBs | Not more than 50% of the Net issue |
| NIIs | Not less than 15% of the Net issue |
| Retails | Not less than 35% of the Net issue |
| Total | 100% |
Jio Platforms IPO Lot Sizes
Refer to the minimum and maximum investment requirements for each investor category as per the prescribed lot size.
| Application | Lot |
| RII | Up to 2 Lakhs |
| sHNI | 2 Lakhs to 10 Lakhs |
| bHNI | Above 10 Lakhs |
Jio Platforms IPO Prospectus
Investors can access the offered prospectus for the Jio Platforms IPO mentioned below.
About Jio Platforms Ltd.
Jio Platforms Ltd. was incorporated in 2019 and is promoted by Reliance Industries Ltd. It describes itself as a technology platform built around proprietary digital technology and pan-India digital connectivity. Through Reliance Jio Infocomm Ltd, its material subsidiary, the company provides mobile and fixed broadband connectivity along with digital services such as entertainment, cloud computing, cloud gaming, storage, smart-home solutions and AI-based products. Its business also covers enterprise connectivity, cloud, IoT, managed Wi-Fi, private 5G, security solutions and managed information and communication services.
Promoters:
- Reliance Industries Ltd.
| Book Runner | Kotak Mahindra Capital Company Ltd. Morgan Stanley India Company Pvt. Ltd. Bofa Securities India Ltd. Axis Capital Ltd. BNP Paribas Citigroup Global Markets India Pvt. Ltd. CLSA India Pvt. Ltd. DAM Capital Advisors Ltd. Goldman Sachs (India) Securities Pvt. Ltd. HDFC Bank Ltd. HSBC Securities and Capital Market (India) Pvt. Ltd. ICICI Securities Ltd. IIFL Capital Services Ltd. Jefferies India Pvt. Ltd. JM Financial Ltd. JP Morgan India Pvt. Ltd. SBI Capital Markets Ltd. UBS Securities India Pvt. Ltd. 360 ONE WAM Ltd. |
| Issue Registrar | Kfin Technologies Ltd. |
Purpose of Jio Platforms IPO
The company intends to deploy the funds raised through this public issue toward specific operational and strategic goals, as detailed in the table below.
| Particulars | Est. Amount in ₹ Crores |
| For prepayment of outstanding borrowings, borrowed by the material subsidiary, RJIL | 27,500 |
| General corporate purposes | – |
| Total | – |
Jio Platforms Ltd.- Strengths and benefits
- Growing digital ecosystem: Jio Platforms combines mobile connectivity, fixed broadband and digital services on a unified platform. Its offerings include entertainment, cloud computing, cloud gaming, storage, smart-home solutions and AI-based products for consumers. For businesses, it provides cloud, IoT, private 5G, security and managed connectivity services.
- Large customer base: Jio Platforms has a large customer base through Reliance Jio Infocomm. The subsidiary had 524.4 million customers as of March 31, 2026, compared with 488.2 million in FY2025. The scale of this network gives the company a broad base for offering connectivity and additional digital services.
Jio Platforms Ltd- Risks and limitations
- Network and infrastructure risk: The company depends on the continued availability and reliability of its network, technology and infrastructure. Network outages, fibre cuts, equipment failures, power disruptions or other operational issues could affect customer experience and potentially increase customer churn.
- Dependence on telecom licenses: Jio’s telecom operations depend on licences and spectrum. Any inability to maintain or renew licences or acquire the spectrum required for operations could adversely affect the company’s business and financial performance.
- Cybersecurity and data privacy: Jio Platforms’ technology systems and infrastructure are exposed to cybersecurity threats and data or privacy breaches. Such incidents could interrupt operations, affect customer trust and damage the company’s reputation and financial performance.
Jio Platforms IPO Review
Jio Platforms IPO is a proposed mainboard book-built issue of up to 27 crore fresh equity shares with a face value of ₹10 each. There is no OFS component, and the proposed shares will be listed on BSE and NSE. The final price band, lot size and official bidding dates were not specified in the DRHP.
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Jio Platforms IPO FAQs
Jio Platforms IPO is a proposed mainboard book-built public issue of up to 27 crore fresh equity shares with a face value of ₹10 each. The shares are proposed to be listed on BSE and NSE. The DRHP does not include an OFS component.
Investors can apply for the IPO through their registered stockbroker or other permitted IPO application channels once the issue opens. The application can generally be made using ASBA or UPI, subject to the final application process specified in the Red Herring Prospectus.
The Jio Platforms IPO has potential strengths such as its large customer base, technology capabilities, digital ecosystem, profitability and improving leverage. However, investors should also consider risks related to telecom regulation, spectrum and licence requirements, network reliability, cybersecurity, capital expenditure, borrowings and customer churn. Whether the IPO is suitable depends on the final valuation, price band and an investor’s risk profile.
The DRHP does not specify the final IPO opening date. The filing currently shows the bid/issue opening and closing dates as pending. Investors should refer to the final RHP and official exchange announcements for the confirmed dates.
The lot size has not been specified in the DRHP. The final lot size and minimum investment amount will be available once the company announces the final issue details.
The IPO allotment date has not been specified in the DRHP. The allotment schedule will be announced along with the final IPO timetable.
The final listing date will be announced after the IPO schedule is finalised and will be available in the final offer documents and exchange announcements.
