Jio Platforms has finalised its IPO price at ₹1,119 per share, the upper end of its price band, after receiving a strong response from investors. The ₹30,188 crore IPO was subscribed 22.2 times, reflecting significant demand across investor categories.
The IPO attracted total demand exceeding ₹7.4 lakh crore, including the anchor investor portion, while the number of applications approached 1.39 crore.
With the final issue price, Jio Platforms’ implied valuation stands at approximately ₹10.3 lakh crore. The company is scheduled to make its stock market debut on Wednesday, October 28, on the BSE and NSE.
The IPO consists entirely of fresh shares, meaning the funds raised will go to the company. Jio Platforms plans to use up to ₹27,500 crore of the proceeds to repay or prepay borrowings at its subsidiary, Reliance Jio Infocomm, with the remaining funds allocated for general corporate purposes.
The listing will be closely watched by investors as it could establish Jio Platforms among India’s largest listed companies by market capitalisation.
Disclaimer: This news is for informational purposes only and does not constitute investment advice.
Jio Platforms ne apne IPO ka final price ₹1,119 per share fix kar diya hai, jo price band ka upper end hai. ₹30,188 crore ke is IPO ko investors ka strong response mila aur yeh total 22.2 times subscribe hua.
IPO mein investors ki taraf se zabardast demand dekhne ko mili, jisne is issue ko market ka major highlight bana diya.
IPO price fix hone ke baad Jio Platforms ki estimated valuation lagbhag ₹10.3 lakh crore ho gayi hai. Company ke shares ka stock market debut Wednesday, 28 October 2026 ko BSE aur NSE par scheduled hai.
Yeh IPO fresh issue hai, jiska matlab hai ki IPO se raise kiya gaya paisa company ko milega. Company is fund ka use apni subsidiary Reliance Jio Infocomm ke borrowings ko repay ya prepay karne aur general corporate purposes ke liye karegi.
Ab investors ki nazar Jio Platforms ki listing par rahegi, jo Indian stock market ke liye ek important event ho sakta hai.
Disclaimer: Yeh news sirf informational purpose ke liye hai, investment advice nahi.