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Jio IPO is a monumental moment of India's digital transformation, says Uday Kotak
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News18•15-10-2026, 18:23
Jio IPO is a monumental moment of India's digital transformation, says Uday Kotak
- •Veteran industrialist Uday Kotak described the upcoming Jio Platforms IPO as a historic milestone reflecting years of hard work.
- •Kotak highlighted that Jio has achieved undisputed leadership in India's mobile and home broadband markets.
- •The Jio Platforms IPO is scheduled to open for subscription on Wednesday, October 21, and close on Friday, October 23.
- •India has transformed from having fewer than one crore 4G subscribers to nearly 100 crore 4G and 5G users over the past decade.
Key Questions Answered
The Jio Platforms IPO will open for subscription on Wednesday, October 21, and will close on Friday, October 23, 2026, with the bidding window for anchor investors scheduled for Monday, October 19, 2026.
The proposed IPO is valued at approximately ₹30,213 crore, featuring a price band of ₹1,065 to ₹1,119 per share consisting entirely of fresh shares with no offer-for-sale component.
Veteran industrialist Uday Kotak described the offering as a historic milestone reflecting India's decade-long digital transformation into a data-rich nation with nearly 100 crore 4G and 5G subscribers.
