Jio Platforms IPO Price: ₹1065 to ₹1119 per share
IPO Dates: 21 to 23 Oct, 2026
Company Overview
Incorporated on November 15, 2019, Jio Platforms Limited is a technology company focused on digital connectivity, digital services and technology-led solutions in India. The Company has developed proprietary digital technology and pan-India connectivity infrastructure to deliver digital services to consumers and businesses. Its subsidiary, Reliance Jio Infocomm Limited, served 533.3 million customers as of June 30, 2026.
Business Operations
The Company operates an integrated technology platform covering digital connectivity, consumer applications, enterprise solutions, cloud services, Internet of Things (IoT) and artificial intelligence (AI). Its consumer offerings include mobile and fixed broadband, digital entertainment, cloud storage, virtual PC services and smart home solutions. Its enterprise offerings include connectivity, cloud and security solutions, managed services, IoT applications and AI-based solutions.
Technology Capabilities
Jio Platforms’ proprietary technology capabilities span network infrastructure, device engineering, software, operating systems and digital applications. Its technology initiatives include an indigenous 5G technology stack, the proprietary AI platform JioBrain and fixed wireless access technology.
Network Infrastructure
As of June 30, 2026, the Company’s infrastructure included pan-India 4G and 5G connectivity, fibre connectivity across more than 1,200 facilities and over 100 edge nodes within its networks. Its wireless broadband network covered more than 99% of India’s population. The Company also leverages a nationwide distribution network and partnerships to expand access to digital services.
Intellectual Property and Innovation
As of June 30, 2026, the Company and its subsidiaries had filed 7,220 patent applications, of which 1,043 had been granted. Its in-house engineering capabilities and technology development support its digital services and infrastructure.
Workforce
As of June 30, 2026, the Company had 27,932 full-time employees and engaged 63,795 personnel on a contract basis. Its workforce includes teams across digital products and technology development, business operations, sales and distribution, customer service, network operations and corporate functions.
Competitive Strengths
- Leadership in digital connectivity and services across India.
- Diversified portfolio of consumer and enterprise digital services.
- Large customer base with nationwide reach.
- Nationwide digital distribution network and strategic group synergies.
- Ability to scale operations and deploy new technologies.
- Extensive pan-India network infrastructure with 4G and 5G capabilities.
- Proprietary technology platform with in-house engineering and full-stack capabilities.
- Innovation supported by patents, AI and technology development.
Bidding Starts In
Jio Platforms Limited IPO Specifics:
| IPO Date | 21 to 23 Oct, 2026 |
| Listing Date | Wed, Oct 28, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹1065 to ₹1119 |
| Lot Size | 12 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹54.00 |
| Total Issue Size | 27,00,00,000 shares (agg. up to ₹30,213 Cr) |
| Fresh Issue | 27,00,00,000 shares (agg. up to ₹30,213 Cr) |
| Share Holding Pre Issue | 8,93,90,30,830 shares |
| Share Holding Post Issue | 9,20,90,30,830 shares |
Jio Platforms Limited IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Wed, Oct 21, 2026 |
| IPO Close | Fri, Oct 23, 2026 |
| Allotment | Mon, Oct 26, 2026 |
| Refund | Tue, Oct 27, 2026 |
| Credit of Shares | Tue, Oct 27, 2026 |
| Listing | Wed, Oct 28, 2026 |
Jio Platforms Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 12 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 12 | ₹13,428 |
| Retail (Max) | 14 | 168 | ₹1,87,992 |
| S-HNI (Min) | 15 | 180 | ₹2,01,420 |
| S-HNI (Max) | 74 | 888 | ₹9,93,672 |
| B-HNI (Min) | 75 | 900 | ₹10,07,100 |
Jio Platforms Limited IPO Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
Jio Platforms Limited IPO Financial Information
| Particulars (₹ Cr) | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 6,22,905.30 | 6,15,594.00 | 5,81,233.80 | 5,39,580.40 |
| Total Income | 40,197.90 | 1,49,759.10 | 1,29,333.00 | 1,10,175.40 |
| Profit After Tax | 7,764.10 | 30,052.70 | 26,120.30 | 21,434.00 |
| EBITDA | 20,864.50 | 76,255.40 | 64,170.00 | 54,958.70 |
| NET Worth | 3,41,778.50 | 3,34,013.40 | 3,04,022.40 | 2,77,866.10 |
| Reserves and Surplus | 3,32,839.50 | 3,25,074.40 | 2,95,083.40 | 2,68,927.10 |
| Total Borrowing | 61,372.20 | 70,781.00 | 73,060.30 | 54,348.90 |
Key Performance Indicator-Jio Platforms Limited IPO
| KPI | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| RoNW | 2.30% | 9.42% |
| PAT Margin | 19.82% | 20.46% |
| EBITDA Margin | 53.26% | 51.91% |
| NAV | 382.34 | 373.66 |
| P/B (x) | 2.93 | 2.99 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 33.62 | 33.72 |
| P/E (x) | 33.28 | 33.19 |
| Market Cap at Offer Price | ₹10,00,277.55 Cr. | ₹10,30,490.55 Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
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