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Jio Platforms IPO Fully Subscribed In Just 35 Minutes
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News18•21-10-2026, 11:57
Jio Platforms IPO Fully Subscribed In Just 35 Minutes
- •Jio Platforms IPO was fully subscribed within just 35 minutes of the market opening.
- •The Qualified Institutional Buyers portion was subscribed 3.25 times during the bidding.
- •The company raised 8,109.84 crore rupees from 212 anchor investors ahead of the IPO launch.
- •The IPO opened on October 21, closes on October 23, and will be listed on October 28.
- •The grey market premium for the IPO surged by around 24 percent, reaching 273 rupees per share.
Key Questions Answered
The Jio Platforms initial public offering opened on October 21, 2026, and is scheduled to close on October 23, 2026, with the shares officially listing on the market on October 28, 2026.
Prior to the public launch, Jio Platforms successfully raised ₹8,109.84 crore from 212 anchor investors, with total anchor demand reaching approximately ₹2.5 lakh crore.
The IPO price band is set from ₹1,065 to ₹1,119 per share. With the grey market premium surging to around ₹273, the IPO indicates a potential listing profit of roughly 24.4% for investors.
