Reliance Jio IPO
Reliance Jio IPO is a mainboard IPO raising ₹30,188 Cr at ₹1,065 – ₹1,119 a share. The smallest application you can make is 12 shares, costing ₹13,428 at the top of the band. Bidding has closed; the shares list on 28 Oct 2026. So far it has been subscribed 22× in total.
22.2 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 4,90,07,827 | 3,45,75,57,456 | 71× |
| Foreign Institutional Investors | no separate quota | 1,23,92,71,008 | n/a |
| Domestic Financial Institutions | no separate quota | 1,52,49,75,360 | n/a |
| Mutual funds | no separate quota | 35,70,74,628 | n/a |
| Others | no separate quota | 33,62,36,460 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 3,64,44,569 | 51,03,55,128 | 14× |
| Non Institutional Investors | 2,42,96,380 | 38,61,67,752 | 16× |
| Corporates | no separate quota | 2,40,28,128 | n/a |
| Individuals | no separate quota | 34,36,42,380 | n/a |
| Others | no separate quota | 1,84,97,244 | n/a |
| Non Institutional Investors | 1,21,48,189 | 12,41,87,376 | 10× |
| Corporates | no separate quota | 5,02,224 | n/a |
| Individuals | no separate quota | 12,08,48,292 | n/a |
| Others | no separate quota | 28,36,860 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 8,50,37,327 | 23,11,62,888 | 2.72× |
| Cut Off | no separate quota | 20,83,16,496 | n/a |
| Price bids | no separate quota | 2,28,46,392 | n/a |
| Employees | 46,94,835 | 1,37,43,348 | 2.93× |
| Cut Off | no separate quota | 1,19,64,732 | n/a |
| Price Bids | no separate quota | 17,78,616 | n/a |
| Shareholders | 2,23,41,376 | 16,97,96,748 | 7.60× |
| Cut Off | no separate quota | 13,66,08,876 | n/a |
| Price Bids | no separate quota | 3,31,87,872 | n/a |
| Total | 19,75,25,934 | 4,38,26,15,568 | 22× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 23 Oct, 07:12 pm IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 8% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.26 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.