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Jio Platforms IPO could raise up to ₹30,213 crore in 2026
The IPO has a proposed price band of ₹1,065 to ₹1,119 per share and plans to open for public subscription from October 21 to 23, 2026.
Reliance Jio Platforms is preparing a mega initial public offering that could raise up to ₹30,213 crore and value the company at as much as ₹10.3 lakh crore, about $106 billion, according to LiveMint Markets.
The reported price band is ₹1,065 to ₹1,119 per share, and the issue would involve up to 27 crore fresh equity shares with no Offer for Sale component from existing institutional shareholders.
The timeline calls for anchor investors to start on October 19, 2026, followed by the public subscription window from October 21 to October 23, 2026.
LiveMint Markets also said the last recorded grey market premium was ₹172 as of Oct 10, 2026, and that a modeled listing price near 1,291 would imply a 15.4% listing premium versus the IPO price.