Jio IPO Subscribed 12.55x by 3:00 PM IST on Day 3

Authored By HDFC SKY | Last Modified: Oct 23, 2026 03:55 PM IST

Jio Platforms IPO subscribed 12.55 times by 3:00 PM IST on October 23, 2026, the final day of bidding, with QIB demand at 32.77 times and NII at 13.38 times.

Jio Platforms IPO Subscribed 12.55x by 3 PM on Day 3

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Mumbai, October 23: The Jio Platforms IPO was subscribed 12.55 times overall by 3:00 PM IST on October 23, 2026, the third and final day of bidding, according to the subscription figures provided. The qualified institutional buyers (QIB) category, excluding anchor investors, was subscribed 32.77 times, while the non-institutional investors (NII) category recorded 13.38 times subscription. The retail investor category was subscribed 2.51 times. The book-built issue is valued at ₹30,213 crore, with a price band of ₹1,065 to ₹1,119 per share. The IPO opened on October 21, 2026, and closes on October 23, 2026. The tentative allotment date is October 26, 2026, while the shares are scheduled to list on the BSE and NSE on October 28, 2026.

Jio Platforms IPO Day 3 Subscription Status

As of 3:00 PM IST on October 23, 2026, the Jio Platforms IPO had received bids for 12.55 times the shares offered, excluding the anchor investor portion. The QIB category recorded the highest subscription multiple among the main investor categories shown in the data. The NII category was subscribed 13.38 times, while retail investors subscribed 2.51 times the shares reserved for them.

Jio Platforms IPO Day-wise Subscription Summary

The IPO’s overall subscription multiple increased across the three bidding days, according to the supplied figures.

Date	QIB (Ex Anchor)	NII	Retail	Total Subscription
October 21, 2026 (Day 1)	9.04x	1.61x	0.73x	3.04x
October 22, 2026 (Day 2)	12.87x	5.67x	1.55x	5.40x
October 23, 2026 (Day 3, 3:00 PM IST)	32.77x	13.38x	2.51x	12.55x

Jio Platforms IPO Timeline

IPO Event	Date
Issue Opens	October 21, 2026
Issue Closes	October 23, 2026
Allotment Date	October 26, 2026
Initiation of Refunds	October 27, 2026
Credit of Shares	October 27, 2026
Tentative Listing Date	October 28, 2026
Listing Exchanges	BSE and NSE

Also Read: How to Apply for Jio Platforms IPO

Brief Overview of the Jio Platforms IPO

Jio Platforms’ IPO is a book-built issue comprising 2,700,000,000 shares, with an aggregate issue size of up to ₹30,213 crore. According to the supplied details, the issue is entirely a fresh issue. The price band is ₹1,065 to ₹1,119 per share, and the face value is ₹10 per share. The lot size for retail applications is 12 shares, requiring a minimum investment of ₹13,428 at the upper end of the price band. Kotak Mahindra Capital Company Limited is the book-running lead manager, while KFin Technologies Limited is the registrar to the issue. The IPO opened on October 21, 2026, and closes on October 23, 2026. The Allotment is scheduled for October 26, 2026, with refunds and share credits expected on October 27, 2026. The tentative listing date on the BSE and NSE is October 28, 2026.

Source:

https://www.nseindia.com/market-data/issue-information?symbol=JPL&series=EQ&type=Active

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