Jio Platforms IPO date: October 21 opening reported, but not confirmed

When will the Jio IPO open? Jio Platforms is reportedly targeting October 21, 2026, for the start of public subscriptions, but that is not a confirmed opening date. The Economic Times reported on October 6 that the company is expected to file its red herring prospectus after October 12. Until the final offer documents and issue announcements set out the timetable, investors should treat October 21 as a reported plan.

What is the reported Jio IPO timetable?

According to The Economic Times, the proposed schedule calls for an anchor-investor book on October 19, public bidding from October 21 through October 23, share allotment on October 26 and a stock-market listing on October 28. The newspaper attributed those dates to people familiar with the plans. It said Jio Platforms and the lead bankers had not responded to its requests for comment by publication.

That sequence gives readers dates to watch, not dates on which applications are guaranteed to open. The next significant step is the red herring prospectus, which the report says is expected after October 12. Jio’s published IPO materials currently include its draft prospectus, rather than a final offer timetable.

What are the reported size and price band?

The Economic Times put the planned issue at about ₹37,700 crore and reported a possible price band of ₹1,150 to ₹1,220 per share. Neither figure is a finalized offer term. Jio Platforms’ June draft prospectus proposes a fresh issue of up to 27 crore shares, with no offer-for-sale component, but leaves the issue price and total rupee value blank.

The reported numbers also do not yet form a consistent set of final terms: 27 crore shares priced at the reported upper end of ₹1,220 would raise at most ₹32,940 crore, below the reported ₹37,700-crore estimate. The final filing and price announcement will be needed to establish the offer’s actual size and pricing. A share’s ₹10 face value in the draft prospectus is not its IPO application price.

What is confirmed about the offering?

Jio Platforms, part of Reliance Industries, filed its draft red herring prospectus in June 2026. The draft describes an offering of up to 27 crore new shares and proposes listing them on the BSE and National Stock Exchange. It says the proceeds are intended partly for prepaying certain borrowings of subsidiary Reliance Jio Infocomm, with the remainder for general corporate purposes.

The draft also provides for a reservation category for eligible Reliance Industries shareholders. It does not make every current or future Reliance shareholder automatically eligible: readers should wait for the announced eligibility conditions and other final issue terms.

How can investors apply for the Jio IPO?

There is no confirmed Jio IPO subscription window to apply in yet. If the public issue proceeds, applicants can check the published price band, bidding dates, lot size and eligibility details before submitting a bid through a participating bank’s ASBA service or an eligible broker or intermediary using the supported UPI process.

Under ASBA, the application amount is blocked in the applicant’s bank account rather than paid immediately; the amount for allotted shares is debited after allotment. For now, the practical distinction is straightforward: October 21 is the latest reported target, while the opening date and the terms needed to place a bid still await formal confirmation.