Jio IPO Launches with Record Institutional Demand, Setting New Milestones in India's Capital Markets

10/21/2026

Jio Platforms raised Rs 8,110 crore from anchor investors ahead of its Rs 30,213-crore IPO, with institutional bids leading the early subscription response

10/21/2026

Jio Platforms' ₹30,213 crore IPO draws strong investor interest as Systematix and Geojit recommend subscription, citing growth potential in 5G, AI and broadband, while flagging valuation and...

10/21/2026

The IPO is expected to be an offer for sale, meaning existing investors would sell their shares and Jio would not raise new capital.

10/21/2026

Jio drew enough investor bids to fulfill its IPO within two hours of opening on Wednesday; meanwhile the world is on course for 2.6C of warming, the UN says.

10/21/2026

Jio Platforms’ Rs 30,213-crore fresh issue was fully subscribed in less than 100 minutes, with institutional demand driving the fastest subscription among India’s mega-IPOs

10/21/2026

Jio’s IPO opens its books for retail investors on Oct 21, and subscription ends on Oct 23.

10/21/2026

Jio Platforms is selling its shares in the price band of Rs 1,065-1,119 apiece, applied for a minimum of 12 shares and its multiples to raise Rs 30,213 crore between October 21-23.

10/21/2026

10/21/2026

Jio Platforms allotted 7.25 crore shares to anchor investors at ₹1,119 apiece, of which domestic mutual funds received 2.49 crore shares. The allocation accounted for 34.34% of the anchor book,...

10/21/2026

Jio Platforms’ proposed ₹10.3 lakh crore valuation has put the spotlight on whether its subscriber scale and growth prospects justify a premium over Bharti Airtel. From ARPU and operating...

10/21/2026

MUMBAI -- In September 2016, shareholders of the petrochemical giant Reliance Industries saw Chairman Mukesh Ambani take the podium at its annual general meeting behind a curious new red emblem.