Jio Platforms IPO 2026: Meta And Google-Backed Firm To Raise USD 3.2 Billion In India’s Biggest IPO; Check Date, Price Band And What Investors Need To Know

Telecom and digital service provider, Jio Platforms, is preparing for a record-setting public offering in the Indian stock market with an IPO valuation of ₹30,213 crores or $3.2 billion. The Jio Platforms IPO will have an offer price range of ₹1,065 – ₹1,119 that will open on October 21 and close on October 23, 2026.

It may even beat the previous record of ₹27,860 crore IPO issued by Hyundai Motor India that was listed in the month of October, 2024 and become the highest IPO to be issued in the Indian primary market. Jio Platforms IPO had filed its RHP (Red Herring Prospectus) on October 14.

Jio Platforms IPO 2026: Key Dates And Price Band

Here are the important details investors should know about the upcoming issue.

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The issue is expected to raise ₹28,755 crore at the lower end of the price band and ₹30,213 crore at the upper end. The expected listing date is October 28, according to published IPO details. 

Jio Platforms IPO: Issue Size, Lot Size And Shareholder Quota

Jio Platforms will offer a total of 27 crore new equity shares having a face value of ₹10. The entire IPO process is a fresh issue since the money raised by this process will not be going to any current stockholders but directly to Jio Platforms.

Investors should also note these important details:

• Minimum lot size: 12 shares.

• Minimum investment: ₹12,780 at the lower price band and ₹13,428 at the upper price band, excluding applicable charges.

• Employee reservation: Shares worth up to ₹500 crore are reserved for eligible employees.

• Reliance shareholder quota: Shares worth up to ₹2,500 crore are reserved for eligible Reliance Industries shareholders.

• Employee discount: Eligible employees will receive a discount of ₹54 per share, according to the reported IPO details.