Last updated: Wed, Oct 28, 2026, 3:19 PM IST · mainboard IPO · NSE
- Jio Platforms shares listed at ₹1358, 21.36% above the issue price of ₹1119
- Day range so far: ₹1357 to ₹1421.7
- Last traded price: ₹1417.8 (+26.7% versus the issue price)
- Volume: 17,21,71,509 shares
- Price band: ₹1065 to ₹1119 per share
- Final subscription: 18.84x overall
The Jio Platforms IPO listed on the NSE on October 28, 2026, at ₹1358 per share. This was 21.36% above the issue price of ₹1119. As of 3:19 PM IST, the shares traded between ₹1357 and ₹1421.7. The last traded price stood at ₹1417.8, representing a 26.7% change versus the issue price.
Jio Platforms Share Price on Listing Day
| Field | Value |
|---|---|
| Issue price | ₹1119 |
| Listing price | ₹1358 |
| Listing gain versus issue price | +21.36% |
| Day high | ₹1421.7 |
| Day low | ₹1357 |
| Last traded price | ₹1417.8 |
| Volume (shares) | 17,21,71,509 |
| Exchange | NSE |
Jio Platforms Listing Price versus Price Band
| Price point | Price | Versus issue price |
|---|---|---|
| Price band, lower end | ₹1065 | −4.83% |
| Price band, upper end | ₹1119 | +0% |
| Issue price | ₹1119 | — |
| Listing price | ₹1358 | +21.36% |
| Day high | ₹1421.7 | +27.05% |
| Day low | ₹1357 | +21.27% |
| Last traded price | ₹1417.8 | +26.7% |
The shares opened at ₹1358, exceeding the upper end of the price band of ₹1119. Throughout the day, the stock maintained a range between ₹1357 and ₹1421.7. The issue price was fixed at ₹1119 per share following the subscription period that concluded on October 23, 2026.
Jio Platforms IPO Subscription Recap
Day-wise subscription
| Day | Date | Total bids (shares) | Bid value at upper band (₹ crore) | Subscribed (x) |
|---|---|---|---|---|
| Day 1 | Wed, Oct 21, 2026 | 59,56,57,800 | 66,654.11 | 3.02x |
| Day 2 | Thu, Oct 22, 2026 | 1,02,68,02,356 | 1,14,899.18 | 5.20x |
| Day 3 | Fri, Oct 23, 2026 | 3,72,08,41,212 | 4,16,362.13 | 18.84x |
Category-wise subscription
| Category | Shares offered | Day 3 bids | Day 3 (x) |
|---|---|---|---|
| QIB | 4,90,07,827 | 2,80,69,72,428 | 57.28x |
| NII | 3,64,44,569 | 50,61,57,564 | 13.89x |
| of which individual NII | — | 46,06,78,092 | — |
| of which corporate NII | — | 2,42,85,384 | — |
| of which other NII | — | 2,11,94,088 | — |
| Retail | 8,50,37,327 | 22,62,69,828 | 2.66x |
| Employee | 46,94,835 | 1,34,93,208 | 2.87x |
| Other reserved categories | 2,23,41,376 | 16,79,48,184 | 7.52x |
| Total | 19,75,25,934 | 3,72,08,41,212 | 18.84x |
About Jio Platforms
Incorporated in 2019, Jio Platforms is a technology company focused on digital connectivity and services in India. It operates an integrated platform covering cloud services, Internet of Things, and artificial intelligence. Its subsidiary, Reliance Jio Infocomm, served 533.3 million customers as of June 30, 2026. The company provides mobile and fixed broadband, digital entertainment, and enterprise solutions. Its infrastructure includes pan-India 4G and 5G connectivity, with a wireless network covering over 99% of India’s population. The company and its subsidiaries had filed 7,220 patent applications as of June 30, 2026.
| Field | Value |
|---|---|
| IPO date | Wed, Oct 21, 2026 to Fri, Oct 23, 2026 |
| Listing date | Wed, Oct 28, 2026 |
| Face value | ₹10 per share |
| Price band | ₹1065 to ₹1119 per share |
| Lot size | 12 shares |
| Total issue size | 19,75,25,934 shares (₹22,103 crore) |
| Listing at | NSE & BSE |
| Lead managers | Kotak Mahindra Capital Co Ltd, Morgan Stanley India Co Pvt Ltd, Axis Capital Ltd., BNP Paribas, BofA Securities India Ltd., CLSA India Pvt Ltd, Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.), Goldman Sachs (India) Securities Pvt Ltd, HDFC Bank Ltd., HSBC Securities and Capital Markets (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., Citigroup Global Capital Markets India Pvt Ltd |
| Registrar | KFIN Technologies Ltd. |
Jio Platforms Financial Highlights
| Metric | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue from operations (₹ crore) | 1,46,885.30 | 1,28,218.40 | 1,09,558.10 |
| Total income (₹ crore) | 1,49,884.50 | 1,29,333.00 | 1,10,183.30 |
| Profit after tax (₹ crore) | 30,052.70 | 26,120.30 | 21,434.00 |
| Net worth (₹ crore) | 3,35,976.90 | 3,05,047.40 | 2,78,286.40 |
| Total borrowings (₹ crore) | 14,597.40 | 23,445.40 | 7,458.20 |
| EPS (₹) | 33.63 | 29.21 | 23.96 |
Revenue from operations grew to ₹1,46,885.30 crore in FY 2025-26 from ₹1,28,218.40 crore in FY 2024-25. Profit after tax reached ₹30,052.70 crore in FY 2025-26, up from ₹26,120.30 crore in FY 2024-25. The company reported a debt-to-equity ratio of 0.04x at the end of FY 2025-26.
What to Track Next
- Where the shares trade against the issue price: the last traded price is ₹1417.8, +26.7% versus ₹1119.
- How much trades: 17,21,71,509 shares have changed hands so far.
- Company announcements and results are published on NSE.
This article is for information only and is not investment advice. Price and subscription figures are based on exchange data as of Wed, Oct 28, 2026, 3:19 PM IST and can change. IPO investments are subject to market risks; read the offer document carefully before investing.