Jio Platforms IPO

Upcoming Mainboard
Open Oct 21
Close Oct 23
Allotment Oct 26
Refund Oct 27
Demat Oct 27
Listing Oct 28
GMP +₹167
Listing On BSE & NSE

Market Sentiment

Grey Market Premium What is GMP?
+₹167
Updated: Oct 09, 2026 12:01 am
Subscription & Analysis Score
Available once bidding opens
Category-wise subscription and the data-signal score start updating from 21 Oct 2026.

Financial Analysis

Financial Data

EPS (Pre)
₹33.63
ROCE
10.76%
RoNW
9.42%
EBITDA Margin
51.91%
NAV/Share
₹373.66
Revenue Growth
15.79%
Profit Margin
20.07%

Financial Performance

Metric 2024 2025 2026
Revenue 1,10,175.40 1,29,333.00 1,49,759.10
Expense 81,367.40 94,205.70 1,09,406.00
Profit (PAT) 21,434.00 26,120.30 30,052.70
Total Assets 5,39,580.40 5,81,233.80 6,15,594.00
Values in Crores (₹)

Peer Comparison

Company EPS P/E RoNW % NAV Income
Bharti Airtel Limited 44.37 42.27 20.32 244.60 2,10,972.80 Cr
Vodafone Idea Limited 3.21 4.65 - -3.30 44,873.00 Cr

Strengths & Risks

Strengths
  • Revenue grew 16% in the latest reported year.
  • Solid profit margin — 20.1%.
Risks & Concerns
  • Grey-market premium is slipping during the bidding window.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Jio Platforms

Founded in 2019, Jio Platforms is a leading digital service provider and a subsidiary of Reliance Industries. MyJio, JioCinema, JioSaavn, and Reliance Jio Infocomm are some of the digital service applications offered by Jio Platforms. Over the years, Jio Platforms has served over 524 million people with its advanced connectivity and digital services. Its main aim is to offer affordable internet connectivity, digital entertainment, gaming, cloud storage, smart home solutions, and AI-enabled digital services to every household. Jio offers high-quality digital solutions at an affordable price point. Its ecosystem includes platforms such as MyJio, JioTV+, JioSaavn, JioGames, and JioAICloud. Moreover, the firm also offers services like enterprise connectivity, cloud solutions, IoT services, unified communications platforms, managed services, security solutions, and private 5G offerings serving enterprise customers, including banking, utilities, transportation, manufacturing, government, and information technology sectors.

Company Contact Information

Jio Platforms Ltd., Office – 101, Saffron,, Nr. Centre Point, Panchwati 5 Rasta,, Ambawadi, Ahmedabad, Gujarat, 380006

Objects of the Issue

Purpose Amount (Cr)
Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, namely, RJIL. -
General Corporate Purpose -

Resources & Documents

Jio Platforms IPO - Quick Take

Jio Platforms is preparing a mainboard offering. The Mainboard issue is scheduled to open for subscription on October 21, 2026 — 12 days from now.

Founded in 2019, Jio Platforms is a leading digital service provider and a subsidiary of Reliance Industries. MyJio, JioCinema, JioSaavn, and Reliance Jio Infocomm are some of the digital service applications offered by Jio Platforms.

The issue is promoted by Reliance Industries Ltd with Kotak Mahindra Capital Co. Ltd., Morgan Stanley India Co. Pvt. Ltd., BOFA Securities India Ltd., Axis Capital Ltd., BNP Paribas, Citigroup Global Markets India Pvt. Ltd., CLSA Indi… acting as lead manager. Net proceeds will primarily be used towards Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, namely, RJIL. and General Corporate Purpose.

On fundamentals, the company is posting revenue growth of 15.8%, a profit margin of 20.1% in its most recent reported period. Listed peers in this segment include Bharti Airtel Limited (P/E 42.27x) and Vodafone Idea Limited (P/E 4.65x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

Jio Platforms IPO opens for subscription on October 21, 2026 and closes on October 23, 2026.

The expected allotment date for Jio Platforms IPO is October 26, 2026. Refunds for unsuccessful applicants are expected on October 27, 2026. Shares are scheduled to be credited to demat accounts on October 27, 2026.

Jio Platforms IPO is scheduled to list on October 28, 2026 on both BSE and NSE.

The current GMP (Grey Market Premium) of Jio Platforms IPO is +Rs 167. GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

The registrar for Jio Platforms IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Jio Platforms IPO are Kotak Mahindra Capital Co. Ltd., Morgan Stanley India Co. Pvt. Ltd., BOFA Securities India Ltd., Axis Capital Ltd., BNP Paribas, Citigroup Global Markets India Pvt. Ltd., CLSA India Pvt. Ltd., Dam Capital Advisors Ltd., Goldman Sachs (India) Securities Pvt. Ltd., HDFC Bank Ltd., HSBC Securities & Capital Markets (India) Pvt. Ltd., ICICI Securities Ltd., IIFL Capital Services Ltd., Jefferies India Pvt. Ltd., JM Financial Ltd., JP Morgan India Pvt. Ltd., SBI Capital Markets Ltd., UBS Securities In.

The promoter(s) of Jio Platforms are Reliance Industries Ltd.

You can apply for Jio Platforms IPO online before 23 Oct 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for Jio Platforms in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized on T+1, the working day after the close date, and the shares list on T+3. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

The full breakdown is on this page, and our How We Score IPOs guide explains the method. This is a summary of public data, not investment advice or a recommendation to apply. Read the RHP and consult a SEBI-registered investment adviser before investing.

Jio Platforms IPO GMP — What It Means

GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Jio Platforms it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Jio Platforms GMP history and trend, or learn how grey market premium works and how reliable it is.

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