Jio Platforms IPO Subscription Status Day 1 at 3:00 PM IST: Issue Subscribed 2.38 Times

Authored By HDFC SKY | Published at: Oct 21, 2026 03:26 PM IST

Jio Platforms IPO Day 1 subscription status stood at 2.38 times as of 3:00 PM on October 21, 2026, with QIB (excluding anchor investors) subscribed 7.09 times, NII 1.06 times and retail investors 0.61 times.

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Mumbai, October 21: Jio Platforms IPO opened for subscription on October 21, 2026, with the issue receiving bids across investor categories on the first day. The public issue was subscribed 2.38 times as of 3:00 PM on October 21, 2026, according to the subscription figures available for the issue. The IPO is a fresh issue of 27 crore shares, aggregating to ₹30,213 crore at the upper end of the price band. The price band is ₹1,065 to ₹1,119 per share, and the issue is scheduled to close on October 23, 2026. The minimum application size for retail investors is 12 shares, requiring an investment of ₹13,428 at the upper price.

Jio Platforms IPO Day 1 Subscription Status

Jio Platforms IPO recorded an overall subscription of 2.38 times on Day 1, as of 3:00 PM on October 21, 2026. The QIB category, excluding anchor investors, was subscribed 7.09 times, while the NII category recorded 1.06 times subscription. Retail investors subscribed 0.61 times their allocated portion.

Investor Category	Subscription (Times)	Shares Offered	Shares Bid For
QIB (Excluding Anchor Investors)	7.09x	4,90,07,828	34,76,57,724
NII	1.06x	3,64,44,568	3,85,10,316
bNII (Above ₹10 lakh)	1.05x	2,42,96,379	2,55,11,460
sNII (Below ₹10 lakh)	1.07x	1,21,48,189	1,29,98,856
Retail	0.61x	8,50,37,326	5,21,24,232
Employees	1.17x	46,94,836	54,79,560
Shareholders	1.15x	2,23,41,376	2,57,29,068
Total	2.38x	19,75,25,934	46,95,00,900

Subscription figures are as of October 21, 2026, at 3:00 PM. The total excludes the anchor investor portion from the public subscription calculation.

Jio Platforms Day’s Wise Subscription Summary

Date	Day	QIB (Ex. Anchor)	NII	Retail	Employees	Shareholders	Total
October 21, 2026	Day 1	7.09x	1.06x	0.61x	1.17x	1.15x	2.38x

Jio Platforms IPO Timeline

The IPO is scheduled to remain open until October 23, 2026. The Allotment is expected to be finalised on October 26, followed by refunds and share credit on October 27. The tentative listing date is October 28, 2026.

IPO Event	Date
Issue Open Date	October 21, 2026
Issue Close Date	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

Brief Overview of the Jio Platforms IPO

Jio Platforms IPO is a book-building issue comprising a fresh issue of 27 crore shares, aggregating to ₹30,213 crore at the upper end of the price band. The company has set the price band at ₹1,065 to ₹1,119 per share, with a face value of ₹10 per share.

IPO Detail	Information
Issue Size	₹30,213 crore
Issue Type	Book-building IPO
Issue Structure	Fresh issue
Fresh Issue Size	27 crore shares
Price Band	₹1,065 to ₹1,119 per share
Face Value	₹10 per share
Lot Size	12 shares
Minimum Retail Investment	₹13,428
Employee Reservation	Up to 46,94,836 shares
Employee Discount	₹54 per share
Listing Exchanges	BSE and NSE
Book-running Lead Manager	Kotak Mahindra Capital Company Ltd.
Registrar	KFin Technologies Ltd.

Jio Platforms IPO is scheduled to close on October 23, 2026. The next key milestone is the basis of allotment, expected on October 26, followed by the tentative listing on October 28, 2026. The subscription figures reported here reflect the available data as of 3:00 PM on the opening day.

Source:

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

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