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Jio Platforms sets IPO price band at ₹1,065–₹1,119 per share, with a minimum bid lot of 12 shares

Latest update, : Jio Platforms files RHP; IPO opens 21 October with Rs 3,000 crore reserved for employees and RIL shareholders

Our read

Jio Platforms is more likely than not to fill its book near the ₹1,119 cap and list at or above it.

For operators

Reliance Industries told the exchanges on 14 October that Jio Platforms will price its IPO at ₹1,065–₹1,119 per share, a telecom and digital listing that changes nothing in store or channel operations for retail operators.

Watch

Anchor allocation price relative to the ₹1,119 cap

Ask next

Which other retail IPOs are coming up?

The report

Jio Platforms' IPO Committee approved a ₹54 per share discount for eligible employees bidding under the Employee Reservation Portion on 14 October 2026. Bids can rise in multiples of 12 equity shares of ₹10 face value.

Jio Platforms IPO: floor price against cap price, ₹ per equity share
Floor price per share₹1,065
Cap price per share₹1,119
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  • The Stack: Rs 21.5 crore seed
  • Foundry: Rs 12 crore raised

What we verified

Checked against the other reports of this story.

Why it matters to operators and investors

Jio Platforms' IPO band of ₹1,065–₹1,119 per share (₹10 face value) means a minimum 12-share bid costs about ₹13,428 at the cap, and eligible employees get a ₹54 per share discount, so retail investors can enter at a modest ticket size.

What to watch next

  • Final-day subscription in the institutional and retail quotas
  • Grey-market premium in the days before allotment
  • Employee-quota uptake given the ₹54 discount

Updates

Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.

  1. Read the update at Moneycontrol

    Jio Platforms files RHP; IPO opens 21 October with Rs 3,000 crore reserved for employees and RIL shareholders

    • IPO subscription opens: October 21
    • IPO subscription closes: October 23
    • Reservation for eligible RIL shareholders: Rs 2,500 crore
    • Reservation for eligible employees: Rs 500 crore

On the record

Earlier Jio Platforms reports on RetailIntel, newest first.

  1. : Jio Platforms IPO price band nears as investors test its digital ambitions beyond telecom
  2. : Jio Platforms IPO: RHP filing expected today as grey market premium climbs to ₹219
  3. : Jio Platforms' ₹30,000 crore IPO could strengthen the case for a separate Reliance Retail listing
  4. : Jio Platforms' free cash flow jumps to Rs 42,071 crore in FY26 ahead of IPO as net leverage falls to 0.36 times

The source

Source Read the source at NSE India: company announcements

Filed

Confirmed by CNBC-TV18, Business Today, Mint, Moneycontrol, NDTV Profit, Indian Express, Inc42, The Hindu BusinessLine

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