Jio Platforms plans 2026 IPO at ₹1,065-₹1,119 a share
In short
Jio Platforms plans an IPO from 21 to 23 October 2026, with shares priced at ₹1,065 to ₹1,119. It is looking to raise about ₹30,213 crore, and the money will mainly be used to cut debt.
Investors may compare Jio’s focused digital and telecom business with Reliance Industries’ wider business mix. The final outcome of the IPO is still not known.
What the reporting says
Jio Platforms plans an IPO from 21 to 23 October 2026, offering shares at ₹1,065-₹1,119 and seeking about ₹30,213 crore, according to a Mint Markets summary. The proceeds are said to be mainly for debt reduction. The source says investors will compare Jio’s focused digital and telecom growth with Reliance Industries’ broader mix of businesses. What final pricing and listing terms will be accepted is still unknown.
Why it matters
Jio Platforms plans to launch an IPO between 21 and 23 October 2026, at ₹1,065-₹1,119 a share, raising about ₹30,213 crore and mainly using the proceeds to reduce debt. The story matters for investors weighing Jio’s standalone growth against Reliance Industries’ diversified profile. The source does not say the final issue structure, investor demand or listing result.