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Jio Platforms IPO May Open On October 21: Check Key Details
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News18•07-10-2026, 15:40
Jio Platforms IPO May Open On October 21: Check Key Details
- •The Jio Platforms IPO is reportedly scheduled to open from October 21 to October 23, with the anchor book opening on October 19.
- •Share listing is anticipated around October 28, though dates remain subject to market conditions and global factors.
- •The IPO will consist entirely of fresh shares, with a major portion of the proceeds intended to reduce Reliance Jio Infocomm's debt.
- •Around 50 percent of the issue is expected to be reserved for retail and HNI investors to ensure strong participation from small investors.
- •Beyond mobile networks, Jio is rapidly expanding into digital services, enterprise solutions, and artificial intelligence technologies.
Key Questions Answered
The Jio Platforms IPO may open for public subscription from October 21 to October 23, with the anchor book expected to open on October 19 and share listing targeted around October 28.
A major portion of the funds raised from the fresh shares will be used to repay or reduce Reliance Jio Infocomm's debt of approximately Rs 27,500 crore, while the remaining amount will be directed toward general corporate requirements.
About 50 percent of the issue is proposed to be reserved for retail and HNI investors, with roughly 35 percent specifically allocated for retail category investors applying up to Rs 2 lakh.
