The Jio Platforms IPO is set to become India's largest stock market listing, with the Jio Platforms IPO aiming to raise approximately ₹37,700 crore ($3.8 billion) through a fresh issue of up to 27 crore shares.
SEBI cleared the Jio Platforms IPO with its observation letter on August 28, 2026. The Jio Platforms IPO public subscription window is expected to open October 21–23, with the Jio Platforms IPO listing likely on October 28.
The Jio Platforms IPO proceeds will primarily repay ₹27,500 crore of Reliance Jio Infocomm's borrowings. In FY26, ahead of the Jio Platforms IPO, the company reported ₹1,46,885 crore in revenue and ₹30,049 crore profit after tax.
The Jio Platforms IPO reserves 50% for institutional buyers, 35% for retail investors, and 15% for HNIs. The Jio Platforms IPO price band and lot size are yet to be announced.
Disclaimer: This is for informational purposes only and not investment advice.