The Jio Platforms IPO is a proposed book-built issue comprising a fresh issue of up to 27 crore equity shares, with no offer-for-sale (OFS) component. The IPO is expected to raise approximately ₹30,000 crore to ₹30,213 crore based on recent reports, although the final issue size is yet to be confirmed.
The Jio Platforms IPO is expected to open for bidding on Oct 21, 2026, with anchor investor bidding expected on Oct 19. The closing date and tentative listing date have not yet been officially confirmed.
The Jio Platforms IPO is reported to have an indicative price band of ₹1,065 to ₹1,119 per share. However, the final price band and lot size have not been officially confirmed, so the minimum retail and HNI investment amounts cannot yet be reliably calculated.
For the Jio Platforms IPO, Kotak Mahindra Capital Company Ltd. and other appointed investment banks are among the book-running lead managers, while KFin Technologies Ltd. is the registrar to the issue.
| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 12 | ₹13,428 |
| HNI / NII | 75 | 900 | 10,07,100 |
| Category | Sub (×) | Offered | Bid For |
|---|---|---|---|
| QIB | — | 12,14,81,893 | — |
| NII / HNI (Total) | — | 3,64,44,569 | — |
| Retail Investors | — | 8,50,37,327 | — |
| Employee Shares Offered | — | 46,94,835 | — |
| Market Maker * | 1× | — | — |
| Total ** | — | 27,00,00,000 | — |
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 149759.10 | 129333.00 | 110175.40 |
| PAT | 30052.70 | 26120.30 | 21434.00 |
| EBITDA | 76255.40 | 64170.00 | 54958.70 |
| Net Worth | 334013.40 | 304022.40 | 277866.10 |
| Total Assets | 615594.00 | 581233.80 | 539580.40 |
| Reserves | 325074.40 | 295083.40 | 268927.10 |
| Borrowings | 70781.00 | 73060.30 | 54348.90 |
Incorporated in 2019, Jio Platforms Limited is a technology-driven digital services company that operates through its subsidiary, Reliance Jio Infocomm Limited. The company provides digital connectivity and technology solutions across India, serving over 524 million customers as of March 31, 2026.
The company has developed a proprietary technology stack with capabilities spanning network infrastructure, software platforms, operating systems, devices, and digital applications. Its services cater to both consumers and enterprises through a combination of digital platforms and a nationwide distribution network.
For consumers, Jio Platforms offers mobile and fixed broadband connectivity, digital entertainment, gaming, cloud storage, smart home solutions, and AI-enabled digital services. Its ecosystem includes platforms such as MyJio, JioTV+, JioSaavn, JioGames, and JioAICloud.
For businesses, the company provides enterprise connectivity, cloud solutions, IoT services, unified communications platforms, managed services, security solutions, and private 5G offerings. Its enterprise customer base includes organizations across banking, utilities, transportation, manufacturing, government, and information technology sectors.
As of March 31, 2026, Jio Platforms and its subsidiaries had 28,163 full-time employees and a portfolio of patent applications covering digital connectivity, cloud-native networks, artificial intelligence, and related technologies.
