About the Jio Platforms IPO
Jio Platforms is a Mainboard issue listing on NSE with an issue size of ₹30,213.00 Cr. The price band is ₹1119 per share and one lot is 12 shares. Bidding runs from 21 Oct 2026 to 23 Oct 2026. The minimum application is one lot, which costs ₹13,428 at the upper band.
What the GMP implies
At the last recorded GMP of ₹251, the grey market is pricing Jio Platforms at about ₹1,370 on listing, against the upper price band of ₹1,119, or roughly ₹3,012 per lot.
Trackers quote between ₹242 and ₹253 across 8 sources. GMP changes daily and is often wrong on listing day: it is an unofficial figure from informal dealers, not a price you can trade at.
Jio Platforms IPO key dates
| Bidding opens | 21 Oct 2026 |
| Bidding closes | 23 Oct 2026 |
| Allotment | 26 Oct 2026 (expected) |
| Refunds start | 27 Oct 2026 (expected) |
| Shares credited to demat | 27 Oct 2026 (expected) |
| Listing | 28 Oct 2026 |
Dates marked "expected" follow SEBI's T+3 timeline from the closing date and change if the company announces otherwise.
How much to apply with
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 12 | ₹13,428 |
| Retail (max) | 14 | 168 | ₹1,87,992 |
| Small HNI (min) | 15 | 180 | ₹2,01,420 |
| Small HNI (max) | 74 | 888 | ₹9,93,672 |
| Big HNI (min) | 75 | 900 | ₹10,07,100 |
Retail bids are capped at ₹2 lakh; small HNI is ₹2–10 lakh; big HNI is above ₹10 lakh. Amounts at the upper price band.
How to apply
1. Open the IPO section in your broker app, or ASBA in your bank's net banking.
2. Pick Jio Platforms, enter the number of lots and bid at the cut-off price.
3. Approve the UPI mandate on your phone before the closing day's cut-off.
4. Check allotment after 26 Oct 2026 using the button above.