Jio Platforms Limited opens for bids on Wednesday, 21 October 2026 and closes on Friday, 23 October 2026. The upper price band is Rs 1,119 per share, so one lot of 12 shares comes to Rs 13,428 at that price. Figures are from NSE issue details as stored on 19 October 2026, 06:45 IST.
Issue at a glance
The issue is a book built offer listed on the NSE. The price band is Rs 1,065 to Rs 1,119 per equity share. It is a fresh issue of up to 27,00,00,000 equity shares. Within that total, up to Rs 500 crore is reserved for employees and up to Rs 2,500 crore for eligible RIL shareholders. Kotak Mahindra Capital Company Limited is the lead manager and Kfin Technologies Limited is the registrar.
The red herring prospectus (RHP) for the issue is the document to read for the objects of the issue and the risk factors. This page summarises the NSE issue details only.
Try it: IPO Lot Size and Minimum Investment Calculator lets you choose a number of lots and shows the amount at the upper band, with the Rs 2 lakh retail limit.
Lot size and minimum amount
Retail investors bid in whole lots. The amount for one lot is the lot size multiplied by the upper price band. The worked example below uses the same figures as the first paragraph, with the retail limit of Rs 2,00,000 per IPO applied to one retail application.
Minimum amount and retail limit at the upper band. Calculated from NSE issue details as stored on 19 October 2026. Not a bid recommendation.
| Step | Working | Value |
|---|---|---|
| Lot size | NSE issue details, as stored 19 October 2026 | 12 shares |
| Upper price band | NSE issue details, as stored 19 October 2026 | Rs 1,119 per share |
| Amount for one lot | 12 x Rs 1,119 | Rs 13,428 |
| Retail limit per IPO | Retail investors can bid up to Rs 2,00,000 (NSE ipo-detail) | Rs 2,00,000 |
| Most lots within the limit | Rs 2,00,000 / Rs 13,428 = 14.9, rounded down | 14 lots (Rs 1,87,992) |
Example figures, not today's rates.
At the upper band, the most lots one retail application can carry under the limit is 14, which comes to Rs 1,87,992. Other investor categories follow different limits, which the RHP and the NSE issue details set out.
Key dates
Listing must happen within 3 working days of the close under SEBI's circular of 9 August 2023. Counting from the close on Friday, 23 October 2026, allotment falls on Monday, 26 October, refund on Tuesday, 27 October and listing on Wednesday, 28 October. The weekend of 24 and 25 October is skipped and our NSE holiday list has no exchange holiday in that run. The IPO Listing Date Calculator (T+3) runs the same count from any close date.
- TBidding closesFri, 23 Oct 2026
- T+1Basis of allotmentMon, 26 Oct 2026
- T+2Refunds and share creditTue, 27 Oct 2026
- T+3Listing and tradingWed, 28 Oct 2026
Dates counted in working days from the close, with the NSE holiday list checked. Calculated, not an exchange notice. Source: SEBI circular of 9 August 2023; NSE holiday list.
| Step | Working | Value |
|---|---|---|
| Bidding opens | NSE issue dates | Wed 21 Oct 2026 |
| Bidding closes | NSE issue dates | Fri 23 Oct 2026 |
| Allotment (T+1) | close + 1 working day; 24 and 25 Oct are a weekend | Mon 26 Oct 2026 |
| Refund (T+2) | close + 2 working days | Tue 27 Oct 2026 |
| Listing (T+3) | close + 3 working days | Wed 28 Oct 2026 |
Example figures, not today's rates.
These dates are calculated from the close, not exchange notices. NSE publishes the final listing date.
Grey market premium
Our latest stored grey market premium for this issue is Rs 250 per share. The grey market premium is an informal grey market quote, not set or regulated by the exchanges or SEBI, and it can differ widely from the listing price. We show the figure only while our stored quote is fresh, so a blank here means no fresh quote, not a view on the issue.
Common mistakes
- Treating the lot size as the amount. The amount is the lot size multiplied by the price per share, and the upper band is the price the minimum amount is counted at.
- Treating the listing date as fixed before the NSE notice. Our dates are counts of working days from the close.
- Reading the grey market premium as a price forecast. It is an informal quote, not a prediction.
- Skipping the RHP. The objects of the issue and the risk factors are in that document, not in this summary.
The Jio Platforms IPO page keeps the issue record, and subscription by category appears there once bidding starts. For the other issues in the same window, see IPOs for 18 to 23 October 2026.
