Jio Platforms IPO Opens for Subscription: QIB Quota Fully Subscribed; Check Subscription Status of Other Categories

Mumbai, October 21: The Jio Platforms IPO was subscribed 1.40 times overall by 12:10 PM on October 21, 2026, the first day of bidding. The qualified institutional buyer (QIB) category, excluding anchor investors, recorded subscription of 4.10 times, while the non-institutional investor (NII) category subscribed 0.51 times. Individual retail investors subscribed 0.42 times, according to the supplied subscription data. The ₹30,213 crore bookbuilding issue is entirely a fresh issue of 27 crore shares. The IPO opened on October 21 and will close on October 23, 2026. The price band has been fixed at ₹1,065 to ₹1,119 per share, with a lot size of 12 shares. The tentative listing date is October 28, 2026, on the NSE and BSE.

Jio Platforms IPO Subscription Status

The Jio Platforms IPO recorded bids for 27,66,10,752 shares against 19,75,25,934 shares offered in the subscription snapshot, excluding the anchor investor portion. The overall subscription stood at 1.40 times as of 12:10 PM on October 21, 2026. QIBs, excluding anchor investors, subscribed 4.10 times, with bids for 20,10,52,812 shares against 4,90,07,828 shares offered. The NII category recorded subscription of 0.51 times, while retail investors subscribed 0.42 times. Within the NII segment, small NIIs subscribed 0.68 times, compared with 0.42 times for big NIIs. Employee subscription stood at 0.90 times, while the shareholder category recorded 0.75 times subscription.

Jio Platforms IPO Day-wise Subscription Summary

The IPO opened for subscription on October 21, 2026. The supplied data provides the first-day subscription position as of 12:10 PM, with an overall subscription of 1.40 times.

Also Read: How to Apply for Jio Platforms IPO

Jio Platforms IPO Timeline

The Allotment is expected to be finalised on October 26, 2026. Refund initiation and credit of shares are scheduled for October 27, followed by the tentative listing on October 28.

Brief Overview Of The Jio Platforms IPO

Jio Platforms is launching a ₹30,213 crore bookbuilding IPO comprising a fresh issue of 27 crore shares. The issue price band is ₹1,065 to ₹1,119 per share, with a face value of ₹10 per share. The minimum application size is 12 shares, requiring an investment of ₹13,428 at the upper price band. The issue has reserved 50% of the net offer for QIBs, 15% for NIIs and 35% for retail investors, according to the supplied issue reservation details. The offer also includes employee and shareholder reservations. Kotak Mahindra Capital Co. Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is the registrar. The IPO opened on October 21 and is scheduled to close on October 23, 2026. The tentative listing date is October 28, 2026, on the NSE and BSE.

Source: 

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