Jio Platforms is completing the share allotment process for its initial public offering on Monday, October 26, 2026. Results are expected to appear later in the evening on the registrar’s portal and the websites of the National Stock Exchange and Bombay Stock Exchange. Successful applicants will see shares credited to their demat accounts the following day, while unsuccessful bidders will have blocked funds released at the same time. Trading is scheduled to begin at 10 a.m. Indian Standard Time on Wednesday, October 28.

Allotment Timing and How Investors Can Check Status

The company and its registrar, KFin Technologies, are finalizing the allocation on Monday. Based on standard timelines for mainboard issues, status updates typically become available between 5 p.m. and midnight IST once the final data is uploaded. Investors can verify their results by entering their permanent account number, application number or demat details on the KFin Technologies IPO status page, as well as on the NSE and BSE allotment portals.

Shares allotted will appear in demat holdings on Tuesday, October 27. They cannot be sold until the formal listing and commencement of trading the next day. Applicants who do not receive shares, or who receive only a partial allotment, will see the corresponding blocked amounts under the ASBA or UPI mechanism released on the same Tuesday.

Subscription Details and Pricing

The public issue closed on Friday, October 23, after opening on October 21. It attracted overall subscription of 22.19 times, with bids submitted for approximately 438.26 crore shares against the 19.75 crore shares on offer. Qualified institutional buyers subscribed their portion 70.55 times, non-institutional investors 14 times and retail investors 2.72 times.

The final issue price has been fixed at the top of the band, 1,119 Indian rupees per share, equivalent to about 11.75 US dollars. At this price the issue size stands near 30,188 crore rupees, or roughly 3.17 billion US dollars. Each lot comprises 12 shares, so the minimum retail allotment carries a value of approximately 13,428 Indian rupees, or about 141 US dollars. Because the retail category was oversubscribed nearly three times, allotment in that segment will be determined by lottery, and many applicants who bid for multiple lots may still receive only one lot or none.

Anchor Investor Participation and Company Background

Two days before the public issue opened, the company raised approximately 8,110 crore rupees, or about 852 million US dollars, from 212 anchor investors. The group included Life Insurance Corporation of India, BlackRock and Fidelity. Anchors received shares at the same 1,119-rupee price and are subject to a mandatory lock-in period that restricts immediate post-listing sales.

Reliance Jio Infocomm, the telecom subsidiary, reported a customer base of 53.33 crore as of June 30, 2026. Average revenue per user rose to 215.6 Indian rupees, or about 2.26 US dollars, in the June quarter, continuing an upward trend driven by tariff increases, plan upgrades and broader broadband adoption. The wireless broadband network now covers more than 99 percent of India’s population and includes pan-India 4G and 5G services along with extensive fibre connectivity.

At the issue price the company is valued at roughly 10.3 lakh crore rupees, equivalent to approximately 108 billion US dollars, ahead of its exchange debut.

Listing Schedule

Equity shares of Jio Platforms are set to begin trading simultaneously on the National Stock Exchange and the Bombay Stock Exchange at 10 a.m. IST on Wednesday, October 28, 2026. Investors who receive allotment will be able to monitor the opening session once the shares become available for sale.