Jio Platforms IPO Allotment Set for Oct 26, Shares List Oct 28 After Strong Demand

Jio Platforms' ₹30,213‑crore IPO will have its allotment announced on 26 October 2026. Investors can verify their allotment on the BSE, NSE or KFin Technologies websites after the results are posted. Shares will be credited to demat accounts on 27 October, and refunds for unallocated applicants will be processed the same day. The company plans to list the shares on both BSE and NSE on 28 October at 10 am.## Allotment Details The IPO closed after receiving bids for 421.87 crore shares against the 19.75 crore shares offered. Overall subscription was 22.19 times. Qualified institutional buyers subscribed 70.55 times, non‑institutional investors 14 times, retail investors 2.72 times, employees 2.93 times and shareholders 7.60 times. The grey‑market premium was reported at ₹250, suggesting an indicative listing price of about ₹1,369, roughly 22 % above the upper price band of ₹1,119.## Subscription Overview The issue comprised a fresh issue of 27 million shares, with no offer‑for‑sale component. The price band was set at ₹1,065‑₹1,119 per share, and one lot contains 12 shares. Up to 4,694,836 shares were reserved for employees at a ₹54 discount. Anchor investors contributed ₹8,109.85 crore on 19 October. Of the ₹30,213 crore raised, ₹27,500 crore will be used to repay borrowings of Reliance Jio Infocomm Ltd, and the remainder will fund general corporate purposes.## Context Jio Platforms is the digital and telecom arm of Reliance Industries, and its IPO is one of the largest in India, reflecting strong institutional demand for tech‑linked assets.