Jio IPO

Jio IPO is a book-built issue of up to Rs 30,213 crores. The Jio IPO issue comprises an entirely fresh issue of 27 crore equity shares. The Jio IPO subscription opens on October 21, 2026, and closes on October 23, 2026, with the basis of allotment expected to be finalised on October 26, 2026. The Jio IPO shares are scheduled to list on the BSE and NSE, with a tentative listing date of October 28, 2026. 

The Jio IPO price band is set at Rs 1,065 to Rs 1,119 per share, with a minimum lot size of 12 shares. Kotak Mahindra Capital Company Limited Morgan Stanley India Company Private Limited, BofA Securities India Limited, Axis Capital Limited, BNP Paribas, 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 and Capital Markets (India) Private Limited, ICICI Securities Limited, IIFL Capital Services Limited, Jefferies India Private Limited, JM Financial Limited, J.P. Morgan India Private Limited, Motilal Oswal Investment Advisors Limited, SBI Capital Markets Limited, and UBS Securities India Private Limited are the book-running lead managers, while KFin Technologies Limited is the registrar to the issue. For detailed information, investors can refer to the official Jio IPO Red Herring Prospectus (RHP).

About Jio Platforms Limited

Incorporated in November 2019, Jio Platforms Limited is a technology platform built on digital connectivity and proprietary technology, with a focus on providing digital services to consumers and businesses across India. The company's business model integrates digital connectivity, digital products and services, customer data analytics, distribution networks and in-house technology capabilities. Its subsidiary, Reliance Jio Infocomm Limited (RJIL), is a key part of its digital connectivity business and served 533.3 million customers in India as of June 30, 2026.

The company offers a range of consumer services, including 4G and 5G mobile connectivity, fixed broadband through JioFiber and JioAirFiber, digital entertainment, cloud storage, virtual PC services, smart home solutions and AI-based products. Its business offerings include enterprise connectivity, Internet of Things (IoT) solutions, cloud and security services, managed network services and enterprise AI solutions. 

Jio Platforms' technology infrastructure comprises five integrated layers: digital products and services, digital connectivity, physical and digital distribution, customer data and analytics, and proprietary technology. The company has developed in-house capabilities across network infrastructure, device engineering, software, operating systems and digital applications.

Digital connectivity is a core part of the company's operations. Since launching its 4G network in 2016, Jio Platforms has expanded its connectivity offerings and introduced 5G services in October 2022. The company developed an end-to-end 5G standalone technology stack using in-house technology. As of June 30, 2026, its subsidiary had 284.9 million 5G subscribers, while its wireless broadband network covered more than 99% of India's population. The company's network carried approximately 60% of India's wireless data traffic in Fiscal 2026.

The company also focuses on developing proprietary technology and expanding its AI capabilities. As of June 30, 2026, Jio Platforms and its subsidiaries had applied for 7,220 patents across areas including 4G, 5G, 6G, cloud-native core network architectures and AI-driven network automation, of which 1,043 had been granted.

As of June 30, 2026, the Company employed 27,932 full-time employees and engaged an additional 63,795 personnel on a contractual basis.