Stories
Jio IPO Key Details And Timeline: What Investors Need To Know
C
CNBC TV18•08-10-2026, 14:47
Jio IPO Key Details And Timeline: What Investors Need To Know
- •Jio Platforms Limited filed its Draft Red Herring Prospectus with SEBI on June 19, 2026, for a 100 percent fresh issue of up to 27 crore equity shares.
- •The IPO is estimated to have a potential issue size of around ₹37,700 crore, with no Offer for Sale component from existing shareholders.
- •Jio reported a massive customer base of 524.4 million at the end of FY26, alongside robust revenue and profit figures.
- •A substantial part of the IPO proceeds, up to ₹27,500 crore, is earmarked for the repayment or prepayment of company borrowings.
- •Key details such as the price band, lot size, and subscription dates are expected to be announced closer to the official launch.
Key Questions Answered
The Jio IPO consists entirely of a fresh issue of up to 27 crore equity shares with a face value of ₹10 each. There is no Offer for Sale (OFS) component, meaning the entire proceeds will go directly toward raising capital for the company rather than existing shareholders.
A substantial portion of the IPO proceeds, up to ₹27,500 crore, has been earmarked for the repayment or prepayment of outstanding borrowings, while the remaining funds will support general corporate purposes.
The anchor investor booking is expected to open on October 19, with the main IPO subscription running from October 21 to October 23, followed by a potential stock exchange listing on October 28.
