Jio Platforms Announces Rs 30,213 Crore IPO, Targets Rs 10.3 Lakh Crore Valuation



Quick Summary
Jio Platforms is set to launch its Initial Public Offering (IPO), aiming to raise up to ₹30,213 crore and targeting a valuation of approximately ₹10.3 lakh crore. The IPO, which will open for subscription on October 21, 2026, and close on October 23, 2026, involves a fresh issue of shares. Notably, major existing investors like Meta, Google, and Reliance Industries will not be selling their shares in this offering.

Jio Platforms has announced a price band of ₹1,065 to ₹1,119 per share for its proposed initial public offering (IPO), aiming to raise up to ₹30,213 crore through a fresh issue of shares. The offering targets a valuation of approximately ₹10.3 lakh crore, potentially making it one of the largest IPOs in India's capital markets history. According to the details provided, the IPO is scheduled to open for public subscription on October 21, 2026, and close on October 23, 2026. The proposed issue is
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FAQ :

The price band for the Jio Platforms IPO is set between ₹1,065 and ₹1,119 per share.

Jio Platforms aims to raise up to ₹30,213 crore through its proposed IPO.

The IPO targets a valuation of approximately ₹10.3 lakh crore.

The IPO is scheduled to open for public subscription on October 21, 2026, and will close on October 23, 2026.

No, major existing investors including Meta, Google, and Reliance Industries are not selling their shares as part of this IPO.

The Jio Platforms IPO is structured as a fresh issue of shares, intended to raise capital for the company.




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