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Published Wed, 14 Oct, 2026 · 23:01 IST

Reliance Jio IPO: Good news for RIL shareholders! Check what the reservation quota is for them

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Awaiting price reaction for this filing.

AI summary

Reliance Industries' subsidiary Jio Platforms has filed for an IPO with a price band of ₹1,065 to ₹1,119 per share, with a reservation of about ₹2,500 crore worth of shares for eligible RIL shareholders and about ₹500 crore for employees (with a discount of ₹54 per share). The issue, comprising up to 27 crore fresh shares with no offer-for-sale component, is expected to raise approximately ₹30,213 crore at the upper price band, making it the largest IPO in Indian market history, surpassing Hyundai Motor India's ₹27,870 crore offering. Subscription opens on October 21 and closes on October 23, 2026, with anchor investor bidding on October 19.