Jio Platforms IPO Day 1 Live Updates: Issue subscribed 1.27 times, QIB portion 3.86 times

Jio Platforms IPO GMP Day 1 live updates:Jio Platforms’ ₹30,213-crore initial public offering (IPO) was subscribed 1.27 times on Day 1 of bidding as of 11:30 am on October 21. The qualified institutional buyers (QIBs) portion was subscribed 3.86 times, while the non-institutional investor (NII) and retail individual investor (RII) portions were subscribed 0.42 times and 0.33 times, respectively. Follow live updates on subscription status, grey market premium (GMP), issue details and analyst recommendations. Follow Businessline for more updates.

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October 21, 2026 12:45 Ipo Jio Platforms IPO: Subscription snapshot as of 12.42 pm Jio Platforms’ initial public offering (IPO) was subscribed 1.45 times overall as of 12.42 pm on Wednesday, October 21, according to the cumulative demand schedule.The company received bids for 28.58 crore shares against 19.75 crore shares offered or reserved across investor categories.The qualified institutional buyers (QIBs) portion was subscribed 4.13 times, while the non-institutional investor (NII) portion was subscribed 0.59 times. The retail individual investor (RII) category was subscribed 0.45 times.The employee reservation was subscribed 0.97 times, while the reservation for Reliance Industries shareholders was subscribed 0.85 times.

Jio Platforms IPO: Subscription snapshot as of 12.42 pm

Jio Platforms’ initial public offering (IPO) was subscribed 1.45 times overall as of 12.42 pm on Wednesday, October 21, according to the cumulative demand schedule.

The company received bids for 28.58 crore shares against 19.75 crore shares offered or reserved across investor categories.

The qualified institutional buyers (QIBs) portion was subscribed 4.13 times, while the non-institutional investor (NII) portion was subscribed 0.59 times. The retail individual investor (RII) category was subscribed 0.45 times.

The employee reservation was subscribed 0.97 times, while the reservation for Reliance Industries shareholders was subscribed 0.85 times.

October 21, 2026 12:12 Ipo Subscription status as of noon Qualified Institutional Buyers (QIBs): 4.10xNon-Institutional Investors (NIIs): 0.50x— Applications above ₹10 lakh: 0.41x— Applications above ₹2 lakh and up to ₹10 lakh: 0.67xRetail Individual Investors (RIIs): 0.40xEmployee reservation: 0.89xReliance Industries shareholders’ reservation: 0.74xTotal subscription: 1.39x

Subscription status as of noon

Qualified Institutional Buyers (QIBs): 4.10x

Non-Institutional Investors (NIIs): 0.50x

— Applications above ₹10 lakh: 0.41x

— Applications above ₹2 lakh and up to ₹10 lakh: 0.67x

Retail Individual Investors (RIIs): 0.40x

Reliance Industries shareholders’ reservation: 0.74x

October 21, 2026 11:42 Ipo Jio Platforms IPO subscribed 1.27 times on Day 1; QIB portion at 3.86 times Jio Platforms’ initial public offering (IPO) was subscribed 1.27 times overall as of 11:30 am on Wednesday, October 21, according to the cumulative demand schedule.The company received bids for 25.02 crore shares against 19.75 crore shares offered or reserved across investor categories.The qualified institutional buyers (QIBs) portion was subscribed 3.86 times, with bids for 18.91 crore shares against 4.90 crore shares offered.The non-institutional investor (NII) portion was subscribed 0.42 times, while the retail individual investor (RII) category was subscribed 0.33 times. The employee reservation was subscribed 0.78 times and the shareholder reservation portion 0.62 times.Jio Platforms is seeking to raise up to ₹30,213 crore through a fresh issue of up to 27 crore equity shares, priced at ₹1,065–₹1,119 apiece. The IPO opened for subscription on October 21 and will close on October 23.

Jio Platforms IPO subscribed 1.27 times on Day 1; QIB portion at 3.86 times

Jio Platforms’ initial public offering (IPO) was subscribed 1.27 times overall as of 11:30 am on Wednesday, October 21, according to the cumulative demand schedule.

The company received bids for 25.02 crore shares against 19.75 crore shares offered or reserved across investor categories.

The qualified institutional buyers (QIBs) portion was subscribed 3.86 times, with bids for 18.91 crore shares against 4.90 crore shares offered.

The non-institutional investor (NII) portion was subscribed 0.42 times, while the retail individual investor (RII) category was subscribed 0.33 times. The employee reservation was subscribed 0.78 times and the shareholder reservation portion 0.62 times.

Jio Platforms is seeking to raise up to ₹30,213 crore through a fresh issue of up to 27 crore equity shares, priced at ₹1,065–₹1,119 apiece. The IPO opened for subscription on October 21 and will close on October 23.

October 21, 2026 11:35 Ipo Jio Platforms IPO Subscription status mid morning Total: 1.27 timesQualified Institutional Buyers (QIBs): 3.86 timesNon Institutional Investors(NIIS): 0.42 timesRetail Individual Investors (RIIs): 0.33 timesEmployee Reserved: 0.78 timesReservation Portion Shareholder: 0.62 times

Jio Platforms IPO Subscription status mid morning

Qualified Institutional Buyers (QIBs): 3.86 times

Non Institutional Investors(NIIS): 0.42 times

Retail Individual Investors (RIIs): 0.33 times

Reservation Portion Shareholder: 0.62 times

October 21, 2026 10:33 Ipo Jio Platforms IPO Subscription status Total: 0.91 timesQualified Institutional Buyers (QIBs): 2.90 timesNon Institutional Investors(NIIS): 0.24 timesRetail Individual Investors (RIIs): 0.21 timesEmployee Reserved: 0.54 timesReservation PortionShareholder: 0.41 times

Jio Platforms IPO Subscription status

Qualified Institutional Buyers (QIBs): 2.90 times

Non Institutional Investors(NIIS): 0.24 times

Retail Individual Investors (RIIs): 0.21 times

Reservation PortionShareholder: 0.41 times

October 21, 2026 10:28 Ipo Jio Platforms IPO: Brokerages see long-term potential, flag risks Brokerages have cited Jio Platforms’ subscriber base, market position, profitability and opportunities in digital services as factors supporting the investment case. Shriram Research, Systematix, Anand Rathi, Religare Broking and SBI Securities have recommended subscribing to the issue for the medium- to long-term, based on the research notes provided.Motilal Oswal Research has highlighted the company’s valuation and potential listing gains alongside its long-term prospects. Key risks flagged by brokerages include regulatory interventions, competition, capital expenditure requirements, dependence on Reliance Jio Infocomm and the ability to monetise its digital services.

Jio Platforms IPO: Brokerages see long-term potential, flag risks

Brokerages have cited Jio Platforms’ subscriber base, market position, profitability and opportunities in digital services as factors supporting the investment case. Shriram Research, Systematix, Anand Rathi, Religare Broking and SBI Securities have recommended subscribing to the issue for the medium- to long-term, based on the research notes provided.

Motilal Oswal Research has highlighted the company’s valuation and potential listing gains alongside its long-term prospects. Key risks flagged by brokerages include regulatory interventions, competition, capital expenditure requirements, dependence on Reliance Jio Infocomm and the ability to monetise its digital services.

October 21, 2026 09:55 Ipo Brokerages' take on Jio Platforms' IPO Mega IPO: Here is what brokerages say about Jio Platforms’ ₹30,213 crore issueThe issue is entirely a fresh issue of up to 27 crore equity shares, with a price band of ₹1,065–₹1,119 per share, aggregating up to ₹30,213 crore at the upper end.

Brokerages' take on Jio Platforms' IPO

Mega IPO: Here is what brokerages say about Jio Platforms’ ₹30,213 crore issue

The issue is entirely a fresh issue of up to 27 crore equity shares, with a price band of ₹1,065–₹1,119 per share, aggregating up to ₹30,213 crore at the upper end.

October 21, 2026 09:47 Ipo Jio Platforms IPO: What investors should track on Day 1 Investors will track subscription demand across qualified institutional buyers, non-institutional investors and retail investors as the issue opens. The IPO reserves up to 50 per cent of the shares for qualified institutional buyers, at least 15 per cent for non-institutional investors and at least 35 per cent for retail investors.The offer also includes a reservation of 46,94,835 shares for employees at a discount of ₹54 per share and a shareholder reservation of 2,23,41,376 shares for eligible Reliance Industries shareholders.Subscription figures will become available after bidding opens.

Jio Platforms IPO: What investors should track on Day 1

Investors will track subscription demand across qualified institutional buyers, non-institutional investors and retail investors as the issue opens. The IPO reserves up to 50 per cent of the shares for qualified institutional buyers, at least 15 per cent for non-institutional investors and at least 35 per cent for retail investors.

The offer also includes a reservation of 46,94,835 shares for employees at a discount of ₹54 per share and a shareholder reservation of 2,23,41,376 shares for eligible Reliance Industries shareholders.

Subscription figures will become available after bidding opens.

October 21, 2026 09:45 Ipo Jio Platforms allots ₹8,109.85 crore worth of shares to anchor investors Jio Platforms has allotted 7.24 crore shares to 212 anchor investors at ₹1,119 apiece, raising ₹8,109.85 crore ahead of its IPO opening. Institutional demand for the anchor book exceeded ₹2.5 lakh crore, or more than 30 times the amount available, according to a stock exchange filing and people familiar with the matter.Life Insurance Corporation of India received the largest allocation, worth ₹499.98 crore, followed by New World Fund Inc at ₹486.27 crore and the Government of Singapore at ₹340.93 crore.

Jio Platforms allots ₹8,109.85 crore worth of shares to anchor investors

Jio Platforms has allotted 7.24 crore shares to 212 anchor investors at ₹1,119 apiece, raising ₹8,109.85 crore ahead of its IPO opening. Institutional demand for the anchor book exceeded ₹2.5 lakh crore, or more than 30 times the amount available, according to a stock exchange filing and people familiar with the matter.

Life Insurance Corporation of India received the largest allocation, worth ₹499.98 crore, followed by New World Fund Inc at ₹486.27 crore and the Government of Singapore at ₹340.93 crore.

October 21, 2026 09:32 Ipo Jio Platforms IPO opens today; issue to close on October 23 Jio Platforms’ initial public offering opens for public subscription on Wednesday, October 21, and will close on Friday, October 23. The company is seeking to raise up to ₹30,213 crore through a fresh issue of up to 27 crore equity shares, priced in a band of ₹1,065–₹1,119 per share.The minimum bid is 12 equity shares and in multiples thereof. The IPO will provide public-market investors with direct exposure to Reliance Industries’ digital connectivity and services business.

Jio Platforms IPO opens today; issue to close on October 23

Jio Platforms’ initial public offering opens for public subscription on Wednesday, October 21, and will close on Friday, October 23. The company is seeking to raise up to ₹30,213 crore through a fresh issue of up to 27 crore equity shares, priced in a band of ₹1,065–₹1,119 per share.

The minimum bid is 12 equity shares and in multiples thereof. The IPO will provide public-market investors with direct exposure to Reliance Industries’ digital connectivity and services business.