Last updated: [UPDATE: date and time] | Reading time: 5 minutes
Looking for the Jio Platforms IPO GMP today? India's biggest-ever public issue is open for bidding, and the IPO watch GMP is one of the most-searched numbers in the market. This guide covers the latest GMP, price band, key dates, financials and risks, so you can decide for yourself. For other issues, see our IPO GMP today page and the upcoming IPO GMP list.
Jio Platforms IPO GMP Today (Latest Grey Market Premium)
| Detail | Value |
|---|---|
| Upper price band | ₹1,119 |
| Current GMP | ₹[UPDATE live value] |
| Last reported GMP (20 Oct 2026) | about ₹243–247 |
| Estimated listing price at that GMP | about ₹1,362–1,364 |
| Estimated listing gain | about 22% |
The grey market premium (GMP) is the unofficial extra amount at which IPO shares trade before listing. A ₹245 GMP on a ₹1,119 issue price points to a possible listing near ₹1,364. On 15 October the IPO current GMP was around ₹206, so sentiment has strengthened since the price band was announced.
Important: GMP is an unofficial sentiment indicator. It can rise or fall sharply before listing and does not guarantee listing gains.
Jio Platforms IPO Details
- Issue size: ₹30,213 crore, India's largest IPO so far
- Issue type: Book-built fresh issue of up to 27 crore shares
- Price band: ₹1,065 to ₹1,119 per share
- Lot size: 12 shares
- Minimum retail investment: ₹13,428 (1 lot at the upper band)
- Maximum retail investment: 14 lots, ₹1,87,992
- Employee discount: ₹54 per share
- Valuation at upper band: about ₹10.3 lakh crore
- Reservations: up to ₹500 crore for employees and up to ₹2,500 crore for eligible Reliance Industries shareholders
Read the official offer document on the SEBI website and exchange notices on NSE India and BSE India.
Jio Platforms IPO Dates
| Event | Date |
|---|---|
| Anchor bidding | 19 October 2026 |
| IPO opens | 21 October 2026 |
| IPO closes | 23 October 2026 |
| Basis of allotment | 26 October 2026 |
| Refunds and share credit | 27 October 2026 |
| Listing on NSE and BSE | 28 October 2026 (tentative) |
Anchor Investors and Subscription Status
Before the issue opened, Jio Platforms raised about ₹8,110 crore from 212 anchor investors at ₹1,119 per share. Reports said the anchor book drew bids worth about ₹2.5 lakh crore, a strong sign of institutional demand.
| Category | Subscription |
|---|---|
| Retail | [UPDATE]x |
| NII | [UPDATE]x |
| QIB | [UPDATE]x |
| Overall | [UPDATE]x |
Why Is the Jio IPO Such a Big Deal?
- It is the largest IPO in Indian history, ahead of Hyundai India (₹27,870 crore) and LIC (₹21,008 crore).
- It is the Reliance group's first IPO since 2008 and its first public offering of a consumer-focused business.
- Jio operates the largest standalone 5G network outside China.
- Reliance Jio Infocomm had about 533 million customers as of 30 June 2026.
Learn more about the business on the official Jio website and the parent company's Reliance Industries investor pages.
Jio Platforms Financial Performance
- FY26 profit after tax: about ₹30,064 crore, up roughly 15% year on year
- Q1 FY27 net profit: about ₹7,764 crore
- Q1 FY27 EBITDA: about ₹20,865 crore
- Q1 FY27 total income: about ₹40,198 crore
Shareholding: Reliance Industries holds about 66.43%. Meta and Google together hold about 17.71%.
Use of proceeds: Most of the money is earmarked to repay or prepay borrowings of Reliance Jio Infocomm, with the rest for general corporate purposes. Since there is no offer-for-sale, the funds go into the company.
How to Check IPO GMP Today (Best Site for IPO GMP)
Different sources can show slightly different numbers. For a reliable IPO GMP check:
- Compare at least two or three trackers.
- Note the time of the update, because GMP can change several times a day.
- Watch the trend (rising or falling), not a single number.
- Combine GMP with subscription data and company fundamentals.
Bookmark watchipogmp.in for IPO latest GMP updates. New to this? Read our guide on what grey market premium means.
Should You Apply? Pros and Cons
Positives
- Market leader with huge scale and strong cash flows
- Strong anchor demand and a healthy GMP
- Improving profits and record EBITDA
- Debt reduction should strengthen the balance sheet
Risks to consider
- A valuation of about ₹10.3 lakh crore leaves less room for upside
- Telecom is capital-intensive and sensitive to tariffs
- Because of the sheer size, listing gains may be smaller than GMP suggests
- GMP can reverse quickly
This is not investment advice. Read the offer document and consult a SEBI-registered advisor before investing.
How to Check Jio IPO Allotment Status
After 26 October, check the registrar's website or the BSE/NSE allotment page using your application number or PAN. Allotted shares should reach your demat account by 27 October. Compare other issues on our IPO allotment status page.
Frequently Asked Questions
What is the Jio IPO GMP today?
The last reported GMP was around ₹243–247 (about 22%) on 20 October. See the table above for the updated figure.
What is the Jio Platforms IPO price band?
₹1,065 to ₹1,119 per share, with a lot size of 12 shares.
When will Jio Platforms list?
Tentatively on 28 October 2026 on NSE and BSE.
What is the minimum investment?
₹13,428 at the upper price band.
Is GMP guaranteed?
No. It is unofficial and can change before listing.
Where can I see IPO watch GMP for other issues?
Right here on watchipogmp.in. We track the upcoming IPO GMP for mainboard and SME issues.
Disclaimer: The grey market premium is unofficial and for information only. This post is not investment advice. Please read the offer document and consult a SEBI-registered advisor before investing.
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