Jio Platforms IPO Subscription Update: Issue Subscribed 5.16x on Day 2
On the second day, the Jio Platforms IPO was subscribed 5.16 times, according to the subscription figures provided. The Retail Individual Investor (RII) category was subscribed 1.47 times, while the Non-Institutional Investor (NII) category stood at 5.39 times. The Qualified Institutional Buyer (QIB) portion, excluding the anchor allocation, was subscribed 12.30 times. The employee portion was subscribed 2.01 times. The subscription figure for the eligible shareholder was subscribed 3.78 times. Investors can also visit our IPO page to track subscription updates and other upcoming public issues. Till: 22-Oct-2026 4:45 Pm
Jio Platforms IPO Subscription Status
| Sr. No. | Category | Subscription (Times) |
|---|---|---|
| 1 | Qualified Institutional Buyers (QIBs) | 12.30 |
| 2 | Non-Institutional Investors (NIIs) | 5.39 |
| 3 | Retail Individual Investors (RIIs) | 1.47 |
| 4 | Employees | 2.01 |
| 5 | Eligible Shareholders | 3.78 |
| - | Total | 5.16 |
Till: 22-Oct-2026 4:45 Pm
Jio Platforms Overview and Purpose
The Jio Platforms IPO is offering up to Rs 30,213 crore through a fresh issue of up to 27 crore equity shares, with no Offer for Sale (OFS) component. The issue is priced in the range of Rs 1,065 to Rs 1,119 per share, with a minimum lot size of 12 shares, requiring a minimum investment of Rs 13,428 at the upper end of the price band.
As the IPO is entirely a fresh issue, the proceeds will go to Jio Platforms Limited rather than to existing shareholders selling their shares. The proceeds will primarily be used for the repayment or prepayment, in part or in full, of certain outstanding borrowings availed by its material subsidiary, Reliance Jio Infocomm Limited (RJIL), and for general corporate purposes.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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