Jio Platforms Limited, the digital and telecommunications arm of Reliance Industries Limited, is set to list its equity shares on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) today, October 28, 2026. This marks the debut of Jio Platforms' shares on the secondary market, with trading scheduled to begin at 10 am.
- The IPO was subscribed 22.19 times, indicating strong investor interest.
- The price band for the IPO was fixed between ₹1065 and ₹1119 per share.
- The company issued 27 crore fresh shares, raising ₹30,213 crore through the IPO.
- Shares will be listed under the symbol 'JPL' on the NSE.
- Jio Platforms will announce its earnings on October 30, 2026.
What is the significance of Jio Platforms' IPO listing?
The IPO listing allows Jio Platforms to raise substantial capital by issuing new shares to the public. This fresh issuance of 27 crore shares raised ₹30,213 crore, which the company can use to fund its growth and expansion plans in the digital and telecommunications sectors. The listing also provides investors an opportunity to buy and sell shares of Jio Platforms on the stock exchanges.
How was the IPO subscribed?
The IPO was subscribed 22.19 times, meaning the demand for shares was more than 22 times the number of shares offered. This high subscription rate reflects strong investor confidence and interest in Jio Platforms.
What was the price band for the IPO?
The company set a price band of ₹1065 to ₹1119 per share. Investors could bid for shares within this range during the IPO subscription period.
What are the details of the IPO issue?
According to the red herring prospectus (RHP), the IPO was a fresh issuance of 27 crore shares aggregating to ₹30,213 crore. There was no offer for sale (OFS) component, meaning existing shareholders did not sell their shares during this IPO.
Under what symbol will Jio Platforms shares be listed?
The equity shares of Jio Platforms Limited will be listed on the NSE under the symbol 'JPL'. This symbol will be used by investors to identify and trade the shares on the exchange.
When will Jio Platforms announce its earnings?
Jio Platforms is scheduled to post its earnings on October 30, 2026, two days after the IPO listing. This earnings report will provide insights into the company’s financial performance.
Frequently Asked Questions
Q: When will Jio Platforms shares start trading?
A: The shares will start trading on the NSE and BSE on October 28, 2026, at 10 am.
Q: What was the total amount raised through the IPO?
A: The IPO raised ₹30,213 crore through the issuance of 27 crore fresh shares.
Q: Was there an offer for sale (OFS) in this IPO?
A: No, the IPO was purely a fresh issuance with no OFS component.
Q: What is the stock symbol for Jio Platforms on NSE?
A: The stock symbol is 'JPL'.
