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Earlier report,

Jio Platforms IPO reportedly opens Oct 21, targeting Rs 37,000-38,000 crore in what would be India's biggest listing

Since then, : Jio Platforms IPO opens 21 October at Rs 1,065-1,119; Akash Ambani cites 7,220 patent applications

Jio Platforms is likely to open its IPO on October 21 and close it on October 23, with listing expected on October 28. Reports put the raise at Rs 37,000-38,000 crore, which would be India's biggest IPO. Pricing is not yet final.

Jio Platforms IPO reportedly runs Oct 21-23, with listing expected Oct 28
  1. October 21Subscription opens (reported, tentative)
  2. October 23Subscription closes (reported, tentative)
  3. October 28Expected listing date

Newer report , , Mint : Reliance urges its 419,911 staff to back $3.2 billion Jio Platforms IPO, releasing October salaries about 15 days early

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What we verified

Checked against the other reports of this story.

Updates

Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.

  1. Read the update at Moneycontrol

    Jio Platforms IPO opens 21 October at Rs 1,065-1,119; Akash Ambani cites 7,220 patent applications

    • Patent applications filed as of June 30, 2026: 7,220
    • Maximum IPO raise at upper band: Rs 30,213 crore
    • Fresh issue size: up to 27 crore equity shares
    • Share of India's data traffic carried: around 60 percent
    • Average monthly usage per customer: 43.7 GB

  2. Read the update at Moneycontrol

    Jio Platforms IPO opens 21 October: Uday Kotak calls it India's largest and credits Akash and Isha Ambani

    • Anchor investor bidding window: 19 October
    • Jio customers: 53 crore
    • 4G and 5G customers in India after 10 years: around 100 crore

  3. Read the update at Business Standard

    Jio Platforms sets IPO subscription window for 21–23 October

  4. Read the update at NSE India: company announcements

    Jio Platforms files RHP for IPO: up to 27,00,00,000 fresh shares, issue opens 21 October

    • Fresh issue size: up to 27,00,00,000 equity shares
    • Employee reservation: not exceeding Rs. 500 crore
    • Eligible RIL Shareholders reservation: not exceeding Rs. 2,500 crore
    • Face value per share: Rs. 10
    • Anchor investor bidding date: 19 October 2026

  5. Read the update at Hindustan Times

    Jio Platforms IPO opens 21 October at ₹1,065–₹1,119 band, targeting up to ₹30,200 crore

    • Reported valuation, latest plan: ₹10.3 lakh crore
    • Price band: ₹1,065 to ₹1,119
    • Revenue from operations, year ended March: ₹1.47 lakh crore
    • Revenue growth, year ended March: 14.6%

  6. Read the update at NDTV Profit

    Jio Platforms IPO price band of Rs 1,065-1,119 expected, targeting a market value of up to Rs 10.3 trillion

    • Expected IPO price band: 1,065-1,119 rupees
    • Targeted market value: 10.3 trillion rupees ($107 billion)
    • Expected raise at upper end of band: about 302 billion rupees
    • Hyundai Motor India IPO, October 2024: 278 billion rupees
    • New shares in draft prospectus: 270 million
    • Share of post-issue equity capital: 2.93%

  7. Read the update at Moneycontrol

    Jio Platforms IPO set to open 21 October, list 28 October; Akash Ambani calls it a 'great responsibility'

    • Anchor book expected to open: October 19

Reported figures

From the report. Source details below

Debt to be repaid or prepaid: Rs 27,500 crore
Share of offer for retail and HNI: 50 per cent
Reliance Jio Infocomm customers as of March 31: 524.4 million
Jio 5G customers: 268.5 million

The source

Source Read the source at Business Today

Published

Confirmed by Financial Express, Times of India, Mint, NDTV Profit, Moneycontrol, The Hindu BusinessLine, The New Indian Express Business, Hindustan Times, News18, NSE India: company announcements, Business Standard, Free Press Journal Business, Inc42, Deccan Herald Business, Times Now Business

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