Reliance Jio IPO to reserve up to ₹500 crore for employees
In short
Jio Platforms’ IPO will set aside up to ₹500 crore worth of shares for eligible employees. The issue is set to open on Wednesday, October 21, 2026, and close on Friday, October 23, 2026.
This matters because employees may get a reserved portion in the big share sale. The report does not say how many shares they will receive or the final IPO size.
What the reporting says
Jio Platforms’ IPO will reserve up to ₹500 crore for eligible employees, with the issue set to open on Wednesday, October 21, and close on Friday, October 23, 2026. The anchor investor bidding date is scheduled for Monday, October 19. The reporting does not state how many shares this covers or whether the final size changes, but it confirms a specific employee allocation in the offer.
Why it matters
Jio Platforms’ IPO is reported to include an employee reservation of up to ₹500 crore, with subscription dates set for October 21 to October 23, 2026 and anchor bidding on October 19. The move directly affects eligible employees and the structure of the offering. What remains unclear is the final issue size, allotment details, and whether any terms change before launch.