Jio Platforms’ ₹30,213-crore IPO received a strong response from investors on its opening day, October 21, 2026. The issue attracted bids worth approximately ₹69,763 crore and was subscribed 3.16 times within the first 100 minutes.
Institutional investors led the demand, with the Qualified Institutional Buyers (QIB) category subscribed 9.42 times. Meanwhile, the retail investor portion was subscribed 73% on Day 1.
The IPO’s strong opening-day demand surpassed the first-day subscription levels of major public offerings such as LIC and NSE, highlighting significant investor interest in Jio’s stock-market debut.
The IPO has a price band of ₹1,065–₹1,119 per share and will remain open until October 23. The listing is expected on October 28, 2026.
Jio Platforms plans to use a significant portion of the IPO proceeds to repay borrowings of its subsidiary, Reliance Jio Infocomm.
Key Points
- IPO size: ₹30,213 crore
- Day 1 subscription: 3.16 times
- Bids received: Approximately ₹69,763 crore
- Expected listing date: October 28, 2026
Strong demand highlights investor interest in Jio’s digital business, but high subscription does not guarantee listing gains.
Jio Platforms ke ₹30,213 crore ke IPO ko opening day par investors ka zabardast response mila. 21 October 2026 ko IPO ko lagbhag ₹69,763 crore ki bids mili aur pehle 100 minutes mein hi issue 3.16 times subscribe ho gaya.
Is demand mein institutional investors ne sabse bada contribution diya. Qualified Institutional Buyers (QIB) category 9.42 times subscribe hui, jabki retail investors ka portion pehle din 73% subscribe hua.
Jio IPO ki strong opening-day demand ne LIC aur NSE jaise bade public issues ke first-day subscription levels ko peeche chhod diya. Isse Jio ke stock market debut ko lekar investors ki strong interest ka pata chalta hai.
IPO ka price band ₹1,065–₹1,119 per share hai. Issue 23 October 2026 ko close hoga aur iski listing 28 October ko expected hai.
Company IPO se milne wale funds ka ek bada hissa apni subsidiary, Reliance Jio Infocomm, ke borrowings repay karne ke liye use karegi.
Key Points
- IPO size: ₹30,213 crore
- Day 1 subscription: 3.16 times
- Total bids: Approx ₹69,763 crore
- Expected listing date: 28 October 2026
Jio IPO ko mila strong response investors ka interest dikhata hai, lekin high subscription ka matlab guaranteed listing gains nahi hai.