Jio IPO Subscribed 22.19x on Final Day

Authored By HDFC SKY | Published at: Oct 23, 2026 09:09 PM IST

Jio Platforms IPO was subscribed 22.19 times overall by 7:00 PM IST on October 23, 2026, with QIB subscription at 70.55 times, NII at 14.00 times and retail at 2.72 times.

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Mumbai, October 23: The Jio Platforms IPO was subscribed 22.19 times overall by 7:00 PM IST on the final day of bidding, according to the supplied subscription table. Qualified Institutional Buyers (QIBs) subscribed 70.55 times their reserved portion, while the Non-Institutional Investor (NII) category was subscribed 14.00 times. Retail individual investors recorded 2.72 times subscription. The issue opened on October 21, 2026, and closed on October 23, 2026. It comprises a fresh issue of 27 crore equity shares, with a price band of ₹1,065 to ₹1,119 per share. The issue size is approximately ₹30,213 crore at the upper end of the price band. The subscription table supplied for this report is marked as updated on October 23, 2026, at 7:00 PM. The figures below reflect that snapshot.

Jio Platforms IPO Subscription Status on the Final Day: 7:00 PM IST

QIB subscription stood at 70.55 times, the highest among the main investor categories in the supplied table. NIIs subscribed 14.00 times their reserved portion, including 15.89 times for applications above ₹10 lakh and 10.22 times for the segment between ₹2 lakh and ₹10 lakh. Retail individual investors recorded 2.72 times subscription. The employee-reserved category was subscribed 2.93 times, while the shareholder reservation portion recorded 7.60 times.

Jio Platforms IPO Day-wise Subscription Summary

The supplied snapshot records the subscription position on the final bidding day. It does not contain a complete set of figures for each individual bidding day, so a three-day comparison cannot be established from the supplied material.

Detail	Figure as of 7:00 PM IST
Bidding date	October 23, 2026
Overall subscription	22.19x
QIB subscription	70.55x
NII subscription	14.00x
NII above ₹10 lakh	15.89x
NII from ₹2 lakh to ₹10 lakh	10.22x
Retail subscription	2.72x
Employee subscription	2.93x
Shareholder subscription	7.60x

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 to demat accounts	October 27, 2026
Tentative listing date	October 28, 2026

Brief Overview of the Jio Platforms IPO

Particular	Details
Company	Jio Platforms Limited
Symbol	JPL
Security type	Equity
Issue type	Book building
Issue structure	Fresh issue
Fresh shares	27 crore equity shares
Issue size	Approximately ₹30,213 crore at the upper price band
Price band	₹1,065 to ₹1,119 per share
Face value	₹10 per share
Lot size	12 shares
Minimum order quantity	12 shares
Employee discount	₹54 per share
Registrar	KFin Technologies Limited
Book-running lead manager	Kotak Mahindra Capital Company Limited
Listing exchanges	BSE and NSE
Tentative listing date	October 28, 2026

The Allotment is scheduled for October 26, 2026. Refund initiation and credit of shares to demat accounts are scheduled for October 27, followed by a tentative listing on October 28, 2026, on the BSE and NSE.

Source:

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

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