Jio Platforms IPO GMP today: Grey market premium at Rs 206; issue to open on October 21 – Check price band and expected listing price – Markets


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Jio Platforms IPO GMP

Jio Platforms IPO GMP Today: Jio Platforms Limited has recorded a grey market premium (GMP) of Rs 2026, indicating positive sentiment ahead of its initial public offering (IPO).

The premium has fluctuated between Rs 148 and Rs 218 over the last 11 trading sessions, according to the available grey market data.

The premium is trending upward today, signalling expectations of a strong listing, although grey market trends are unofficial and do not guarantee listing gains.

Reliance Industries Limited (RIL) has announced that the IPO of its subsidiary Jio Platforms will open for subscription on October 21 and close on October 23, 2026. The company has fixed the price band at Rs 1,065 to Rs 1,119 per equity share.

Jio Platforms IPO price band and important dates

The IPO Committee of Jio Platforms‘ Board of Directors has approved a price band of Rs 1,065 to Rs 1,119 per share, with a face value of Rs 10 per equity share. The bidding window for anchor investors will open on October 19, ahead of the public issue.

According to regulatory filings by Reliance Industries, Jio Platforms plans to issue up to 27 crore fresh equity shares. The final issue size and expected listing date have not yet been specified in the cited filings.

Jio Platforms IPO GMP today: What does the Rs 206 premium indicate?

With the last recorded grey market premium at Rs 206, the unofficial market is indicating demand for Jio Platforms shares ahead of the IPO. Based on the upper end of the price band, the indicative price, including the reported GMP, works out to Rs 1,325 per share.

This represents an indicative premium of approximately 18.41 per cent over the upper price band of Rs 1,119.

However, the grey market premium is not an official exchange price or a reliable prediction of listing performance. It can change before the issue closes, and actual listing gains may differ significantly from current indications.

Jio Platforms IPO shareholder quota and employee discount

The company has reserved shares worth up to Rs 2,500 crore for eligible Reliance Industries shareholders and up to Rs 500 crore for eligible employees.

The shareholder reservation is available to eligible individual investors and Hindu Undivided Families (HUFs) holding Reliance Industries shares as of October 14, 2026, the date of the Red Herring Prospectus (RHP) filing.

Eligible employees bidding under the employee reservation category will receive a discount of Rs 54 per equity share. The minimum bid lot has been fixed at 12 shares, and bids can be placed in multiples of 12 shares thereafter.

At the upper end of the price band, a 12-share application would amount to Rs 13,428 before any applicable adjustments or charges. The actual amount payable by eligible employees would depend on the applicable discount and issue terms.

Jio Platforms IPO: RHP filed with Registrar of Companies

Reliance Industries stated in its regulatory filing that Jio Platforms had filed its Red Herring Prospectus dated October 14, 2026, with the Registrar of Companies, Gujarat, at Ahmedabad.

The development follows the filing of the company’s Draft Red Herring Prospectus (DRHP) on June 19, 2026. On August 28, 2026, Reliance Industries informed the stock exchanges that Jio Platforms had received an observation letter from the Securities and Exchange Board of India (SEBI) on its draft prospectus.

The IPO marks a significant step towards the public listing of Jio Platforms, which houses Reliance Industries’ digital and telecommunications businesses.

Jio Platforms IPO: Key details

Company Jio Platforms Limited
Parent company Reliance Industries Limited
IPO price band Rs 1,065 – Rs 1,119 per share
IPO opening date October 21, 2026
IPO closing date October 23, 2026
Anchor investor bidding October 19, 2026
Proposed fresh issue Up to 27 crore shares
Last recorded GMP Rs 206
Indicative price at upper band plus GMP Rs 1,325
Shareholder reservation Up to Rs 2,500 crore
Employee reservation Up to Rs 500 crore
Employee discount 12 shares
Expected listing date Not specified in the cited filings

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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)



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