Jio Platforms Limited, the digital arm of Reliance Industries Limited (RIL), launched its ₹30,213 crore IPO on 21 October 2026, making it India’s largest-ever IPO according to the provided information.
- IPO Price Band: ₹1,065–₹1,119 per share.
- Company Valuation: Approximately ₹10.3 lakh crore at the upper price band.
- Subscription Period: 21–23 October 2026.
- Listing Date: Scheduled for 28 October 2026 on BSE and NSE.
- FY2025–26 Financials: Revenue of ₹1,46,885 crore and net profit of ₹30,049 crore.
- Utilisation of Funds: ₹27,500 crore is earmarked for repayment of Reliance Jio Infocomm’s borrowings, with the remaining amount intended for general corporate purposes.
- Day 1 Subscription: The issue was reported to be fully subscribed within 100 minutes, with overall subscription reaching approximately 3.2 times.
