Jio IPO October 2026: Rlieance Set ₹30,213-Crore Mega IPO to Break India’s Fundraising Record; Check IPO Date, Share Price, FY26 Earnings Growth, Financial Performance, Brokerage, Deadline & More

Reliance Jio IPO October 2026: Jio Platforms proposed  ₹30,213-crore issue, which can potentially be India’s largest ever, the IPO of Jio Platforms has set the record over the previous one of Hyundai Motor India worth ₹27,859 crores in 2024. But the important thing is that all these shares are new shares and hence the money will not go to any of the existing stockholders but to the company only. 

Expected to take place from October 21 to 23, 2026, the money is needed for decreasing the borrowings of Reliance Jio Infocomm, the subsidiary of Jio Platforms. This proposed valuation is of about ₹10.3 lakh crore in terms of the higher price band. 

For investors, the central question is whether Jio’s strong earnings, massive customer base and digital ambitions justify that valuation.

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Jio IPO Share Price Key Details

• Company: Jio Platforms Limited
• IPO opening date: October 21, 2026
• IPO closing date: October 23, 2026
• Issue size: Up to ₹30,213 crore
• Issue structure: Entirely a fresh issue of 27 crore shares
• Face value: ₹10 per equity share
• Anchor investor bidding: October 19, 2026
• Tentative listing date: October 28, 2026
• Proposed exchanges: BSE and NSE
• Registrar: KFin Technologies, subject to confirmation in the final offer documents

These details position Jio’s IPO as a major test of investor appetite for large Indian technology and telecommunications businesses.

Jio IPO October 2026: Price Band

The price band ranges from ₹1,065 to ₹1,119 per share. The maximum amount that will be raised through issue of 27 crore shares at the upper range of the price band is ₹30,213 crore. This represents an approximate valuation of ₹10.3 lakh crore and there is not much scope left for ignoring the execution risk for the investor due to the valuation.

Jio IPO October 2026: Lot Size

The minimum application is 12 shares while at the upper price of ₹1,119, a retail investor would need ₹13,428 for one lot, excluding applicable charges.

Investors should verify the final application rules and category limits before placing bids.

Jio IPO October 2026: Key Performance Indicator (KPI)

Jio’s operating profitability is an important part of its investment case.

The EBITDA margin indicates strong operating profitability. However, investors should also examine capital expenditure, cash generation and returns on invested capital before drawing conclusions about long-term value.