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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
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.
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What we verified
Checked against the other reports of this story.
- Not a single-source story: CNBC-TV18, Business Today, Mint and Moneycontrol report the same development independently.
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.
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.
- : Jio Platforms IPO price band nears as investors test its digital ambitions beyond telecom
- : Jio Platforms IPO: RHP filing expected today as grey market premium climbs to ₹219
- : Jio Platforms' ₹30,000 crore IPO could strengthen the case for a separate Reliance Retail listing
- : 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
Filed
Confirmed by CNBC-TV18, Business Today, Mint, Moneycontrol, NDTV Profit, Indian Express, Inc42, The Hindu BusinessLine
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