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Jio Platforms IPO Nears Launch: Foreign Investors Show "Unusually Positive" Feedback
M
Moneycontrol•02-10-2026, 20:45
Jio Platforms IPO Nears Launch: Foreign Investors Show "Unusually Positive" Feedback
- •Jio Platforms, Reliance Industries' digital holding company, is preparing to launch its IPO this month, with internal preparations almost complete.
- •Foreign investors have provided "unusually positive" feedback, indicating a significant premium over listed peers.
- •The IPO is expected to open for public subscription from October 21-23, with shares targeted to debut on October 28, subject to market conditions.
- •The IPO will comprise entirely of a fresh issue of shares, primarily to repay or prepay about Rs 27,500 crore of outstanding borrowings of Reliance Jio Infocomm.
- •Jio Platforms is viewed by investors as a digital services company with growth opportunities across mobility, home broadband, enterprise technology, and international services.
Key Questions Answered
The Jio Platforms IPO is expected to open for public subscription from October 21 to 23, with the anchor book likely opening on October 19 and shares debuting on October 28.
The IPO consists entirely of a fresh issue of shares, with proceeds primarily used to repay or prepay about Rs 27,500 crore of outstanding borrowings of Reliance Jio Infocomm.
Under the proposed structure, 50 percent of the issue is earmarked for retail and high-net-worth individual investors, while the remaining half is allocated to institutional investors.
