Jio Platforms IPO Price Fixed at ₹1,119 Per Share; Prospectus Filed
Jio Platforms Limited (JPL), a subsidiary of Reliance Industries, has finalized its IPO issue price at ₹1,119 per equity share. The IPO, which opened on October 21, 2026, and closed on October 23, 2026, involved up to 27 crore equity shares. The prospectus has been filed with the Registrar of Companies.
The IPO of Jio Platforms Limited, a significant subsidiary, is a major corporate action that will have a substantial impact on Reliance Industries Limited's financial structure and market valuation.
The finalization of the IPO price and filing of the prospectus are positive steps indicating the successful progression of Jio Platforms Limited's public offering.
Reliance Industries Limited (RIL) has announced the finalization of the Issue Price for the Initial Public Offer (IPO) of its subsidiary, Jio Platforms Limited (JPL). The Issue Price has been fixed at ₹1,119 per equity share of face value ₹10 each. This follows the earlier disclosure regarding the price band, employee discount, and minimum bid lot for the IPO, which involved a fresh issue of up to 27 crore equity shares.
The IPO opened for subscription on Wednesday, October 21, 2026, and closed on Friday, October 23, 2026. Today, October 24, 2026, JPL has also filed the Prospectus dated October 24, 2026, with the Registrar of Companies, Gujarat at Ahmedabad.
This announcement is for information and record purposes.
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Reliance Industries Limited filed this with the NSE as a statutory disclosure, categorised under ipo. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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