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Jio Platforms IPO GMP Hits Rs 250 Ahead of Launch, Check Price Band and Dates
- •The Rs 30,213 crore Jio Platforms IPO will open for subscription from October 21 to October 23, 2026.
- •The price band for the share is set between Rs 1,065 and Rs 1,119 per share.
- •The current GMP in the grey market is at Rs 250, signaling a potential listing gain of around 22.34 percent.
- •Retail investors need to apply for a minimum of one lot consisting of 12 shares, amounting to Rs 13,428.
- •This mega IPO is set to surpass the size of Hyundai Motor India's IPO launched in October 2024.
Key Questions Answered
The Jio Platforms IPO will be open for subscription from October 21 to October 23, 2026, with a price band set between Rs 1,065 and Rs 1,119 per share. Retail investors are required to apply for a minimum lot size of 12 shares, amounting to at least Rs 13,428 at the upper price band.
The initial public offering aims to raise Rs 30,213 crore through a fresh issue of 27 crore equity shares. This size is expected to surpass the record previously set by Hyundai Motor India's IPO in October 2024.
As of October 19, 2026, the grey market premium was reported at Rs 250, signaling a potential listing gain of about 22.34 percent above the upper price band. Key dates include share allotment on October 26, 2026, and stock listing scheduled for October 28, 2026.
