Jio IPO Opens On October 21, RIL Shareholders Get ₹2,500 Crore Quota In Mega Public Issue
Mumbai: Reliance Industries' digital arm, Jio Platforms , is preparing for a major stock market debut, with its initial public offering (IPO) scheduled to open for investors on October 21, 2026. The company has submitted its Red Herring Prospectus (RHP) to the Registrar of Companies. The offering is expected to rank among India's largest IPOs and will feature separate allocations for Reliance…
On October 21, 2026, Reliance Industries' digital subsidiary, Jio Platforms, is set to launch its initial public offering (IPO). The company has filed its Red Herring Prospectus (RHP) with the Registrar of Companies. This IPO is anticipated to be one of India's largest, with separate allocations for existing Reliance Industries shareholders and eligible employees.
Existing shareholders of Reliance Industries Limited (RIL) will receive a special quota of up to Rs 2,500 crore in shares. Additionally, up to Rs 500 crore of shares will be reserved for eligible employees. These allocations are intended to provide opportunities for qualifying investors to participate through distinct categories, depending on eligibility stipulated in the offer documents.
The public subscription phase for the IPO will commence on October 21 and continue until October 23, 2026. Institutional investors can submit their bids earlier, on October 19. The IPO consists of a maximum of 27 crore equity shares with a face value of Rs 10 each.
To qualify for the shareholder reservation, individuals and Hindu Undivided Families (HUFs) must have held eligible RIL shares on the date when the RHP was filed. Applications under the reserved portion are limited to Rs 2 lakh per eligible shareholder. However, simply qualifying for the reservation does not guarantee that shares will be allocated, as the final allocation will depend on investor demand and the allocation process.
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