Jio Platforms IPO: Price Band Approved

A discount of Rs54 per equity share for Eligible Employees bidding under the Employee Reservation Portion

FinTech BizNews Service    

Mumbai, 14 October, 2026: The IPO Committee of the Board of Directors of Jio Platforms Limited (JPL), at its meeting held today, October 14, 2026, has approved the Price Band, Employee Discount, and Minimum Bid Lot for the IPO as detailed below:

• Price Band: A range from a Floor Price of Rs1,065 per equity share to a Cap Price of Rs1,119 per equity share.
• Employee Discount: A discount of Rs54 per equity share for Eligible Employees bidding under the Employee Reservation Portion.
• Bid Lot: 12 Equity Shares of face value of Rs10 each ("Minimum Bid Lot") and in multiples of 12 Equity Shares of face value of Rs10 each thereafter.  
  

• It is a fresh issue of 27 crore equity shares. The total issue size stands at Rs30,213 crore at the upper price band. 

• Jio Platforms’ largest-ever IPO in India will be open for the public subscription on 21 October 2026, Wednesday and close on 23 October 2026, Friday.