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2h ago

Jio Platforms IPO Allotment Finalised

Most proceeds are earmarked to repay Reliance Jio Infocomm borrowings and grey market pricing points to an unofficial roughly 22% listing uplift.

Jio Platforms IPO allotment today: How to check application status; chances of getting shares & GMP
Jio IPO Allotment Status Live: Check Jio Platforms IPO Allotment, Direct Link, GMP Today, Listing Date
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Reliance's Jio Platforms launched its IPO last week.

Overview

  • The company fixed the fresh-issue price at ₹1,119 per share for a roughly ₹30,213 crore offering that comprised about 27 crore new shares.
  • The basis of allotment was finalised on Monday, October 26, 2026, and investors are asked to check status via KFin Technologies or the BSE and NSE portals.
  • Refunds for unsuccessful applicants and credit of allotted shares to demat accounts are scheduled for Tuesday, October 27, 2026, with listing on the BSE and NSE expected on Wednesday, October 28, 2026.
  • The public offer was heavily oversubscribed, receiving about 438 crore share bids against 19.75 crore on offer for an overall subscription near 22.19 times and more than 1.3 crore applications.
  • Jio raised about ₹8,110 crore from anchor investors before the public offer and plans to use roughly ₹27,500 crore of IPO proceeds to repay Reliance Jio Infocomm borrowings, while grey market premiums around ₹245–247 remain unofficial indicators of likely listing demand.