Business EconomyPosted at: Oct 14 2026 8:14PM


Reliance Jio platforms IPO bidding to open on October 21

Mumbai, Oct 14 (UNI) Reliance Industries informed the stock exchange here on Wednesday that its digital services unit Jio Platforms has filed its Red Herring Prospectus (RHP) for its initial public offering (IPO), setting the stage for the public issue to open for subscription on October 21, and close on October 23.

Jio Platforms filed the RHP with the Registrar of Companies, Ahmedabad, on October 14.
According to the stock exchange filing, the public issue will comprise a fresh issue of up to 27 crore equity shares, with a face value of Rs 10 each.
According to the stock exchange filing, the Jio Platforms IPO will be open for three days, from October 21 to October 23, with anchor investor bidding scheduled for October 19, which is two days before the issue opens.
Jio Platforms has also reserved shares worth up to Rs 2,500 crore for eligible shareholders of Reliance Industries, giving the parent company’s investors a dedicated allocation in the much-anticipated listing.
The Jio Platforms IPO will also include a reservation of shares worth up to Rs 500 crore for eligible Reliance Industries employees.
Reliance Industries shareholders will get to participate in the IPO through a dedicated portion, subject to the eligibility criteria and allocation terms outlined in the offer documents.
Reliance Industries shareholders eligible to participate in the IPO are individuals and Hindu Undivided Families (HUFs) who held public equity shares in the parent company as of October 14, the date of filing of the Red Herring Prospectus (RHP), subject to applicable eligibility criteria and regulatory restrictions.
Jio Platforms houses Reliance's digital businesses, including its telecommunications operations and digital services businesses.
Jio Platforms is central to Reliance Industries’ broader strategy to unlock value from its consumer-facing businesses.
Reliance Jio Infocomm dominates the Indian telecom market with a 32.89% market share in fixed-line connections, serving 157.9 million customers, and a 39.29% share in mobile connections, with 506 million customers.
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