Jio Platforms IPO fully subscribed within two hours of opening
Jio Platforms’ IPO was fully subscribed within about two hours after public bidding opened on October 21; the offer remains open through October 23.
AI-generated representative illustration for the Jio Platforms IPO. It is not a documentary image of the event. Image: MyNilgiris / OpenAI.
Update — 4:55 p.m. IST, October 21, 2026: Jio Platforms’ initial public offering was fully subscribed within about two hours of public bidding opening on Wednesday. The subscription window remains open through October 23.
Reuters reported that the issue reached full subscription within two hours. The Times of India put the interval at about 100 minutes, while Business Standard’s live subscription data also showed that bids had crossed the shares available during the morning session.
What the IPO offers
- Public subscription: October 21–23, 2026
- Price band: ₹1,065–₹1,119 per share
- Minimum bid: 12 shares, followed by multiples of 12
- Fresh issue: up to 270 million shares
- Maximum issue size: about ₹30,213 crore at the upper price
The strong early demand was led by qualified institutional buyers. Subscription figures can continue changing until the offer closes. Applicants should use the official prospectus and exchange information for final figures and conditions.
Note: This report is for information only and is not investment advice.
Reporting references
Image disclosure: AI-generated representative illustration by MyNilgiris / OpenAI. It is not a documentary event photograph, and it does not use an official company logo.
