Jio Platforms’ ₹30,188-crore IPO attracted strong investor interest, with bids worth around ₹7.4 lakh crore. Investors are now awaiting the share allotment, expected on October 26.
Highlights
- Jio Platforms IPO allotment is expected on October 26, 2026.
- ₹30,188-crore public issue attracted bids worth around ₹7.4 lakh crore.
- Investors can check allotment status through KFin Technologies and BSE.
- IPO listing is scheduled for October 28, 2026.
- Upper price band was fixed at ₹1,119 per share.
- Refunds and share credits are expected on October 27.
Jio IPO Allotment Expected Today; Investors Await Share Allocation After Record Demand
Jio Platforms’ initial public offering (IPO) allotment is expected to be finalised on Monday, October 26, 2026, following strong investor demand during the three-day subscription period. Investors who applied for the issue can check their allotment status through the registrar, KFin Technologies, and the stock exchanges once the results are available.
The ₹30,213-crore IPO opened for subscription on October 21 and closed on October 23. According to BSE data reported by Upstox, the public issue was subscribed 22.19 times, attracting bids for more than 438 crore shares against approximately 19.75 crore shares available.
Institutional Investors Lead Subscription
Qualified institutional buyers (QIBs) led the demand, subscribing 70.55 times their allocated portion. Non-institutional investors subscribed 14 times, while the retail investor category received 2.72 times subscription.
The IPO attracted approximately 1.39 crore applications, while total demand, including anchor investors, crossed ₹7.4 lakh crore.
How to Check Jio IPO Allotment Status
Investors can visit the KFin Technologies allotment portal and select Jio Platforms from the IPO list.
They must enter their PAN, application number or demat account details and submit the information to view their allotment status.
Alternatively, investors can check the results through the official websites of BSE and NSE.
Jio IPO GMP Signals Listing Premium
The grey market premium (GMP) for Jio Platforms stood at around ₹247 per share on October 26.
Considering the upper issue price of ₹1,119, the GMP indicated an estimated listing price of ₹1,366, representing a potential premium of approximately 22.07%.
However, GMP is an unofficial indicator and does not guarantee actual listing gains.
Listing Scheduled for October 28
According to the IPO timetable, refunds for unsuccessful applicants and share credits to successful investors’ demat accounts are scheduled for October 27.
Jio Platforms shares are expected to begin trading on the BSE and NSE on October 28, 2026.
The IPO comprised a fresh issue of 27 crore equity shares. The company plans to use up to ₹27,500 crore of the proceeds to repay borrowings at its telecom subsidiary, Reliance Jio Infocomm
