Stories
Jio Platforms IPO: Biggest Update Yet On Issue Dates And Share Reservation
- •Reliance Industries Limited has filed the Red Herring Prospectus for the proposed IPO of its subsidiary, Jio Platforms Limited.
- •The Jio Platforms IPO will open for subscription on Wednesday, October 21, 2026, and close on Friday, October 23, 2026.
- •The bidding date for anchor investors has been scheduled for Monday, October 19, 2026.
- •The IPO involves a fresh issue of up to 27 crore equity shares with a face value of ₹10.
- •Shares worth up to ₹500 crore are reserved for eligible employees, and up to ₹2,500 crore are reserved for eligible shareholders of Reliance Industries Limited.
Key Questions Answered
The Jio Platforms IPO will open for subscription on Wednesday, October 21, 2026, and close on Friday, October 23, 2026. Additionally, the bidding date for anchor investors has been scheduled for Monday, October 19, 2026.
The IPO is being brought through a fresh issue of up to 27 crore equity shares with a face value of ₹10. It includes a reservation of up to ₹500 crore worth of shares for eligible employees, and shares worth up to ₹2,500 crore reserved for eligible public equity shareholders of Reliance Industries Limited.
Reliance Industries filed the Red Herring Prospectus (RHP) for the Jio Platforms IPO with the Registrar of Companies in Ahmedabad, Gujarat, on October 14, 2026. Previously, the company had filed its DRHP and received an observation letter from SEBI on August 28, 2026.
