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Jio Platforms (Tentative) IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Upcoming

Mainboard

PRICE BAND

Rs 1066 - 1118

LOT SIZE

13

Shares

MIN INVEST

Rs 14,534

CUT-OFF

Rs 1118

per share

Open

21 Oct 2026

Last Day

23 Oct 2026

Allotment

26 Oct 2026

Expected Refund

27 Oct 2026

Listing

28 Oct 2026

GMP Today

6m ago

0%

Rs 0 premium

Refresh in --:--

Est. Listing Price

GMP Based

Rs 1,118

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 0

+0.0% (13 shares)

Subscription

-

Not open

IPOGyani AI Engine - Live Prediction
+3.9%

Range: +0.0% to +7.9%

Confidence: Moderate - 52%

Confidence Score - 52%

📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 52/100📊 Sub 0x🏭 Telecom & Digital Services
Next refresh: --:---Updated: --:-- IST-Model: IPOGyani v2.1

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Real-time subscription data

Subscription data will appear when IPO opens

Current IPO Status: upcoming

Summarize with AI

Get a quick Jio Platforms (Tentative) summary (150-200 words) from your favorite AI:

About Jio Platforms (Tentative)

Telecom & Digital Services

Jio Platforms was incorporated in 2019 and is promoted by Reliance Industries Limited. Reliance Jio Infocomm served 524.4 million customers as of March 31, 2026. The company operates a full-stack digital connectivity and technology ecosystem and has strategic relationships with global technology companies. FY26 revenue from operations was ₹146,885.3 Cr and PAT was ₹30,049.1 Cr. The company reported EBITDA of ₹76,255.4 Cr and an EBITDA margin of 51.91% in FY26.

IPO_DETAILS_LONG: Jio Platforms IPO is a Mainboard book-built issue. Based on the current IPO details provided, the price band is ₹1,300 to ₹1,350 per share and the issue size is ₹35,000 Cr. The lot size is 11 shares and the face value is ₹10 per equity share. The IPO opens on October 21, 2026 and closes on October 23, 2026. Allotment is scheduled for October 26, 2026 and listing is scheduled for October 28, 2026 on BSE and NSE. The issue is entirely a fresh issue with no OFS. The proceeds are intended primarily for prepayment or repayment of borrowings of Reliance Jio Infocomm Limited and for general corporate purposes.

Issue Details

Total Issue Size

Rs 37,700 Cr

Issue Size for Retail

Rs 13,195 Cr

Fresh Issue vs OFS

Fresh Issue
Rs 37,700 Cr (100%)

Reservation Quota

QIB

50%

Retail

35%

NII

15%

Lead Manager

Axis Capital Limited;BNP Paribas;BofA Securities India Limited;Citigroup Global Markets India Private Limited;CLSA India Private Limited;DAM Capital Advisors Limited;Goldman Sachs (India) Securities Private Limited;HDFC Bank Limited;HSBC Securities & Capital Markets (India) Private Limited;ICICI Securities Limited;IIFL Securities Limited;J.P. Morgan India Private Limited;Jefferies India Private Limited;JM Financial Limited;Kotak Mahindra Capital Company Limited;Morgan Stanley India Company Private Limited;SBI Capital Markets Limited;UBS Securities India Private Limited;360 ONE WAM Limited

Registrar

KFin Technologies Limited

Objects of the Issue (as per DRHP)

  • 1Prepayment in full or in part of certain outstanding borrowings availed by Reliance Jio Infocomm Limited
  • 2General Corporate Purposes

Key Performance Indicator (KPI)

KPIMar 31, 2025Mar 31, 2026
ROE8.56%8.94%
ROCE12.50%10.76%
Debt/Equity0.240.21
RoNW8.97%9.42%
PAT Margin20.36%20.46%
EBITDA Margin50.05%51.91%
Price to Book Value3.61
Pre IPOPost IPO
EPS (Rs)33.6332.63
P/E (x)40.1441.37
Promoter Holding66.43%NA
Market CapRs 1241765.00 Cr.

Reliance Industries Limited

Jio Platforms (Tentative) Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY24FY25FY26
Total Income1,10,175.41,29,3331,49,759.1
Net Profit (PAT)21,43426,120.330,052.7
EBITDA54,958.764,17076,255.4
Borrowings54,348.973,060.370,781
ROE7.7%8.56%8.94%
ROCE12.83%12.5%10.76%
Debt/Equity0.20.240.21
Assets5,39,580.45,81,233.86,15,594

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

0
50
100
52
Neutral

Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

Expert reviews for Jio Platforms (Tentative) IPO will appear here once available.

Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.

Company Contact Details

TC-22, 5th Floor, A Wing, Reliance Corporate Park, Thane Belapur Road, Ghansoli, Navi Mumbai 400701, Maharashtra, India

Green Flags

  • Customer base of 524.4 million as of March 31, 2026.
  • FY26 revenue from operations of ₹146,885.3 Cr and PAT of ₹30,049.1 Cr.
  • FY26 EBITDA of ₹76,255.4 Cr with a 51.91% EBITDA margin.
  • Monthly ARPU increased to ₹214 in the exit quarter of FY26.
  • Data traffic increased to 241.4 billion GB in FY26.
  • Promoted by Reliance Industries Limited with strategic relationships involving global technology companies.

Red Flags

  • The business is highly capital intensive, with cash capex of ₹34,184.3 Cr in FY26.
  • Total borrowings were ₹70,781 Cr as of March 31, 2026.
  • The business requires continued investment in network expansion, spectrum and technology.
  • The telecom business is subject to significant regulatory and spectrum-related requirements.
  • The company faces technology disruption risks, including satellite-based connectivity and continued evolution from 4G to 5G and future technologies.
  • The issue proceeds are substantially intended for prepayment or repayment of borrowings of the material subsidiary, Reliance Jio Infocomm Limited.
  • === END ===

IPO Lot Size

Investors can bid for a minimum of 13 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)113₹14,534
S-HNI (Min)14182₹2,03,476
B-HNI (Min)68884₹9,88,312

Frequently Asked Questions

What is the price band of Jio Platforms (Tentative) IPO?

The price band is Rs 1066-1118 per share. One lot contains 13 shares; its value at the upper price is Rs 14,534. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for Jio Platforms (Tentative) IPO?

The scheduled bidding period is 21 Oct 2026 to 23 Oct 2026.

When is Jio Platforms (Tentative) IPO scheduled to list?

The scheduled listing date is 28 Oct 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

Who is the registrar for Jio Platforms (Tentative) IPO?

KFin Technologies Limited is the registrar. See the allotment page for the available schedule and official checking link.

Who manages Jio Platforms (Tentative) IPO?

Lead manager information recorded for this issue: Axis Capital Limited;BNP Paribas;BofA Securities India Limited;Citigroup Global Markets India Private Limited;CLSA India Private Limited;DAM Capital Advisors Limited;Goldman Sachs (India) Securities Private Limited;HDFC Bank Limited;HSBC Securities & Capital Markets (India) Private Limited;ICICI Securities Limited;IIFL Securities Limited;J.P. Morgan India Private Limited;Jefferies India Private Limited;JM Financial Limited;Kotak Mahindra Capital Company Limited;Morgan Stanley India Company Private Limited;SBI Capital Markets Limited;UBS Securities India Private Limited;360 ONE WAM Limited.

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

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