Signal Desk · Companies

Jio Platforms IPO allotment done after ₹30,213 crore issue

2026-10-27 · 1 source · BusinessLine Companies

In short

Jio Platforms IPO allotment was completed after the ₹30,213 crore issue. The offer was priced at ₹1,119 at the upper band and was subscribed 22.19 times by the close of bidding on October 23.

The next step was listing, but the report did not give the final allotment details. It also did not state how many shares each investor received.

What the reporting says

Jio Platforms IPO allotment was completed after the ₹30,213 crore issue closed with strong demand. The offer was priced at ₹1,119 at the upper band and was subscribed 22.19 times by the October 23 close of bidding, according to the publisher summary. The next trading step was listing, but the reporting did not state the final allotment breakdown or the exact listing outcome.

Why it matters

Jio Platforms’ IPO allotment was reported as complete after a ₹30,213 crore issue priced at ₹1,119 at the upper band drew 22.19 times subscription by October 23. That level of demand suggests strong investor interest, but the source does not give the allotment split or the eventual listing result. The event is mainly relevant to IPO investors and the company’s market debut.

Touches: Jio Platforms, IPO, Companies, Markets

Sources