Jio Platforms IPO Listing Live Updates: Shares of Mukesh Ambani-led Reliance Industries' digital and telecom subsidiary, Jio Platforms Ltd, are scheduled to debut on the NSE and BSE on Wednesday, October 28, 2026, following its Rs 30,213-crore initial public offering (IPO).
Jio Platforms IPO, priced at Rs 1,119 per share at the upper end of its price band, attracted strong investor demand, with the issue subscribing 22.19 times overall. Qualified institutional buyers led the bidding, subscribing 70.55 times their allotted portion.
Ahead of the market debut, investors are closely watching Jio Platforms' grey market premium (GMP), expected listing gains and opening share price. Follow NDTV Profit's live blog for Jio Platforms' listing price, real-time share price movements, market capitalisation, analyst reactions and all the latest developments from Dalal Street.
Jio IPO Listing LIVE: Reliance Jio Adds 27.13 Lakh Mobile Users In September
India’s largest telecom operator Reliance Jio added 27.13 lakh mobile subscribers in September 2026, while Bharti Airtel added 26.92 lakh wireless additions, data released by telecom regulator TRAI showed. The mobile subscriber additions for Vodafone Idea stood at 5.50 lakh in September.
With the latest additions, Jio’s wireless mobile subscriber tally increased to 51.11 crore at September-end.
Jio IPO Listing LIVE: Can Rs 10.3 Lakh Crore Valuation Of Jio Platforms Hold? What Investors Must Know About Strengths & Risks
Jio Platforms is set to list on Wednesday at an issue price of Rs 1,119 per share, with the initial public offering (IPO) valuing the digital services holding company at around Rs 10.3 lakh crore. The Rs 30,213 crore issue, comprising 27 crore shares, received total subscription of 22 times, reflecting strong investor demand ahead of its stock market debut.
Brokerages including Motilal Oswal, Emkay, Systematix, Arihant Capital and Canara Bank Securities have recommended subscribing to the issue. Motilal Oswal has recommended the stock for both listing gains and the long term.
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Jio IPO Listing LIVE: Jio Platforms A Long-Term Bet: Uday Patil Of PL Capital
Uday Patil, Executive Director, PL Capital says that the Jio Platforms IPO listing is definitely a milestone in the Indian capital market. It is a major Indian digital infrastructure business with substantial growth opportunities.
Jio has more than 500 million subscribers and a large telecom network, alongside broadband, enterprise technology, cloud and AI opportunities. Large growth potential with attractive higher revenue per user, home broadband, enterprise services and monetisation of digital platforms could support future growth, he noted.
Execution will determine how much value these opportunities create. It is definitely a long-term bet and every investor would like to have a share in its portfolio, Patil said.
Jio IPO Listing LIVE: Jio Platforms’ Valuation
Over FY2024-FY2026, Jio Platforms’ revenue grew at a 15.8% CAGR to Rs 1,46,885 crore, EBITDA rose 17%, PAT rose 18.43%, and 13% of revenue converted into free cash flow. At 33x FY2026 earnings, valuation is at the lower end versus peers.
Jio IPO Listing LIVE: Jio Platforms IPO Subscribed 22.19 Times
Jio Platforms IPO was subscribed 22.19 times in total as the issue received bids for 438.26 crore equity shares as against 19.75 crore shares on the offer, NSE data showed.
The Retail Individual Investors (RIIs) segment was booked 2.72 times, while the Non-Institutional Investors (NII) portion was subscribed 14 times. The Qualified Institutional Buyers (QIBs) category received 70.55 times subscription.
Jio IPO Listing LIVE: Jio IPO Final Issue Price Fixed At Rs 1,119 Per Share
Jio Platforms IPO price band was set at Rs 1,065 to Rs 1,119 per share, and the IPO lot size was 12 shares. The final issue price is fixed at Rs 1,119 per share
Jio IPO Listing LIVE: A Look At Jio Platforms IPO Timeline
The bidding for Jio Platforms IPO commenced on October 21, Wednesday, and concluded on October 23, Friday. Jio Platforms IPO allotment was finalized on October 26, and the IPO listing date is today, October 28. Jio Platforms shares will be listed on NSE and BSE.
Jio IPO Listing LIVE: Jio Platforms Shares To List Today
Shares of Mukesh Ambani-led Reliance Industries’ digital and telecom subsidiary, Jio Platforms Ltd, are scheduled to debut on the NSE and BSE on Wednesday, October 28, 2026, following its Rs 30,213-crore initial public offering (IPO).