Jio Platforms Ltd.
NSE & BSE₹1065–1119
₹ 30,213 Cr
12 Shares
₹ 12,780
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 14,68,853 | 12,82,184 | |
| 29,992 | 11,146 | |
| 14,98,845 | 12,93,330 | |
| 7,36,213 | 6,51,397 | |
| 4,03,531 | 3,51,273 | |
| 3,00,527 | 2,61,203 |
Subscription Details
IPO Timeline
IPO Offer Start
21 Oct 2026
IPO Offer Ends
23 Oct 2026
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary | 2,75,000 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
66.43%
Promoter stake
Offered to Public
27,00,00,000
shares
Post Share Capital
5,93,78,41,645
shares
IPO Registrar
KFIN Technologies Ltd.
About the Company
Incorporated on November 15, 2019, Jio Platforms Limited is a technology company focused on digital connectivity, digital services and technology-led solutions in India. The Company has developed proprietary digital technology and pan-India connectivity infrastructure to support the delivery of digital services to consumers and businesses. Its subsidiary, Reliance Jio Infocomm Limited, served 533.3 million customers as of June 30, 2026.The Company operates through an integrated technology platform encompassing digital connectivity, consumer applications, enterprise solutions, cloud services, Internet of Things (IoT) and artificial intelligence (AI). Its consumer offerings include mobile and fixed broadband, digital entertainment, cloud storage, virtual PC services and smart home solutions. For businesses, it provides enterprise connectivity, cloud and security solutions, managed services, IoT applications and AI-based solutions. The Company’s proprietary technology capabilities span network infrastructure, device engineering, software, operating systems and digital applications.The Company’s infrastructure includes pan-India 4G and 5G connectivity, fibre connectivity across more than 1,200 facilities and over 100 edge nodes within its networks as of June 30, 2026. Its wireless broadband network covered more than 99% of India’s population. The Company and its subsidiaries had filed 7,220 patent applications, of which 1,043 had been granted, as of June 30, 2026. Its technology initiatives include an indigenous 5G technology stack, proprietary AI platform JioBrain and fixed wireless access technology. The Company also leverages a nationwide distribution network and partnerships to expand access to digital services.As of June 30, 2026, the Company had 27,932 full-time employees and engaged 63,795 personnel on a contract basis. Its workforce includes teams across digital products and technology development, business operations, sales and distribution, customer service, network operations, and corporate functions.Competitive StrengthsLeadership in digital connectivity and services across India.Diversified portfolio of consumer and enterprise digital services.Large and highly engaged customer base with nationwide reach.Nationwide digital distribution network and strategic group synergies.Proven ability to scale operations and deploy new technologies rapidly.Extensive pan-India network infrastructure with 4G and 5G capabilities.Proprietary technology platform with in-house engineering and full-stack capabilities.Strong innovation capabilities supported by patents, AI and technology development.
Use of Proceeds
1. Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, namely, RJIL; and2. General corporate purposes,
Jio Platforms Ltd. Latest News
IPO FAQs
The Jio Platforms Ltd. IPO has a total of ₹30,213 crore, calculated at the upper end of the .
The Jio Platforms Ltd. IPO is priced at ₹1065–1119 per share. bids must fall within this , against a of ₹10 per share.
The for the Jio Platforms Ltd. IPO is 12 shares, which is also the minimum order quantity — you have to apply for at least 12 shares, and in multiples of 12 beyond that.
The minimum investment in the Jio Platforms Ltd. IPO is about ₹12,780 — one lot of 12 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Jio Platforms Ltd. opens on 21 Oct 2026 and closes on 23 Oct 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
KFIN Technologies Ltd. is the for the Jio Platforms Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Jio Platforms Ltd. IPO shares are proposed to be listed on BSE and NSE.
Each Jio Platforms Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 66.43% of Jio Platforms Ltd. before the IPO.
27,00,00,000 shares of Jio Platforms Ltd. are being offered to the public in this issue.
- 1.Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, namely, RJIL
- 2.General corporate purposes
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. and Citigroup Global Capital Markets India Pvt Ltd are the for the Jio Platforms Ltd. IPO.
Pre-apply means placing your Jio Platforms Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Jio Platforms Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Jio Platforms Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.