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Jio Platforms IPO Price Band Announced at Rs 1,065 to Rs 1,119 With Employee Discount
- •Reliance Industries has fixed the IPO price band for Jio Platforms Limited at Rs 1,065 to Rs 1,119 per equity share.
- •Eligible employees will receive a special discount of Rs 54 per equity share under the employee reservation portion.
- •The minimum bid lot for the IPO is set at 12 equity shares, with bids allowed in multiples thereof.
- •The face value of each equity share is Rs 10, and the terms were approved by the IPO Committee on October 14, 2026.
Key Questions Answered
Reliance Industries announced that the price band for the Jio Platforms IPO has been fixed at ₹1,065 to ₹1,119 per equity share, with a floor price of ₹1,065 and a cap price of ₹1,119. Additionally, the minimum bid in the IPO is set for 12 equity shares, with investors able to bid in multiples of 12 thereafter.
Eligible employees bidding under the employee reservation portion will receive a discount of ₹54 per equity share. Furthermore, the IPO includes a reservation of equity shares worth up to ₹500 crore specifically designated for eligible employees.
The Jio Platforms IPO will open for public subscription on Wednesday, October 21, and close on Friday, October 23, 2026, while the anchor investor bidding is scheduled for Monday, October 19, 2026.
