Jio Platforms IPO Subscription Update: Day 1 Issue Subscribed 3.04 Times by 7:00 PM IST

Mumbai, October 21: Jio Platforms IPO was subscribed 3.04 times overall on the first day of bidding, with the Qualified Institutional Buyers (QIB) category recording 9.04 times subscription. The Non-Institutional Investors (NII) category was subscribed 1.61 times, while the retail investor portion stood at 0.73 times, according to the subscription figures available on the NSE website. The ₹30,213 crore bookbuilding issue opened today and will remain open until October 23, 2026. The price band is ₹1,065 to ₹1,119 per share, with a lot size of 12 shares. At the upper end of the price band, the minimum retail application amount is ₹13,428.

Jio Platforms IPO Day 1 Subscription Status

Jio Platforms IPO recorded total subscription of 3.04 times on Day 1. Bids were strongest in the QIB category, excluding anchor investors, which was subscribed 9.04 times. The NII category received bids for 1.61 times the shares offered. Within this segment, bids from investors applying for amounts above ₹10 lakh reached 1.75 times, while the segment for applications below ₹10 lakh was subscribed 1.33 times. Retail subscription remained below the shares reserved for the category, at 0.73 times. The employee portion was subscribed 1.33 times, while the shareholder category recorded 1.41 times subscription.

Jio Platforms Day-Wise Subscription Summary

The issue recorded 3.04 times subscription on October 21, the first day of bidding. The available figures show the following category-wise position for Day 1.

The subscription data available for this report covers Day 1 only. Figures for subsequent bidding days are not included.

Jio Platforms IPO Timeline

The dates above are tentative and are based on the IPO timetable supplied.

Brief Overview of the IPO

Jio Platforms is launching a bookbuilding IPO with a total issue size of approximately ₹30,213 crore. The issue comprises 27 crore fresh shares, with no offer-for-sale component indicated in the supplied details.

The issue also includes a shareholder reservation of 2,23,41,376 shares, according to the supplied issue details. The employee reservation is up to 46,94,836 shares, with an indicated discount of ₹54 per share. Subscription figures may change during the remaining bidding period. The issue is scheduled to close on October 23, 2026, with allotment expected on October 26 and listing tentatively scheduled for October 28, 2026.

Source:

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