Jio IPO 2026: The IPO of Mukesh Ambani’s company, Reliance Jio, has become a major topic of discussion. Through this IPO, the company aims to raise approximately ₹30,213 crore from the market. It is being considered the largest IPO in the country. Investors have been eagerly awaiting this launch for a long time, and the announcement has already garnered a very positive response.
According to reports, against an anchor allotment of approximately ₹8,110 crore, bids worth nearly ₹2.5 lakh crore have been received. Furthermore, the IPO has reserved a separate portion for existing shareholders of Reliance Industries.
By when can investors apply?
Investors can apply for the Jio IPO between October 21 and October 23; the IPO will remain open during this period. The price band for the shares has been set between ₹1,065 and ₹1,119. Investors must apply for a minimum of 12 shares. At the upper price band of ₹1,119 per share, the total cost for 12 shares would amount to ₹13,428.
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What are the benefits for shareholders?
In this IPO, the company has reserved shares worth up to ₹2,500 crore for existing Reliance shareholders. This also provides these shareholders with an additional window to submit their applications. It should be noted that only those who held shares as of October 14, 2026, are eligible to apply under the shareholder category. Investors who purchased shares on or after October 14, 2026, will not be eligible for this reserved portion. Investors are advised to verify their eligibility before submitting an application.
What is the GMP (Grey Market Premium) for the Jio IPO?
It should be noted that prior to the opening of the Jio IPO, the Grey Market Premium (GMP) stood at approximately ₹260. If you add this ₹260 to the upper end of the price band—₹1,119—the resulting figure is ₹1,379. Based on these figures, the GMP translates to approximately 23.24%. Note that the GMP may change, and the actual listing price or any potential gains are not guaranteed.
Share Allotment and Listing Dates
The Jio IPO is scheduled to open on October 21, 2026, and will close on October 23, 2026. The share allotment date is October 26, 2026, and the shares are set to be listed on the BSE and NSE on October 28, 2026.
How much capital will the company raise?
The Jio IPO involves the issuance of 27 crore new equity shares, through which the company expects to raise approximately ₹30,213 crore. This is entirely a ‘fresh issue,’ meaning the company is issuing new shares, and the proceeds from this issuance will go directly to the company. The valuation of the company at the upper end of the Jio IPO price band is estimated at ₹10.3 lakh crore.