Jio Platforms IPO Closes Today: GMP, Subscription Status, and What Investors Should Watch

Jio Platforms IPO ends today: Will strong investor demand and grey market premium signal a promising listing? Check subscription trends, price band, and key updates.

6:30 am, 23 Oct 2026

Jio Platforms IPO Closes Today, Listing Expected on October 28

Jio Platforms’ Rs. 30,213-crore IPO closes on October 23, with the price band fixed at Rs. 1,065–Rs. 1,119 per share. The shares are expected to list on the BSE and NSE on October 28, 2026. The offer proceeds are primarily intended to support debt repayment at Reliance Jio Infocomm, with up to Rs. 27,500 crore earmarked for the purpose.

6:02 am, 23 Oct 2026

Jio Platforms IPO GMP Indicates Potential Listing Gains

The grey market premium (GMP) for the Jio Platforms IPO was reported at around 22%, indicating positive unofficial market sentiment ahead of the issue's closure. At the upper price band of Rs. 1,119 per share, this translates into an indicative premium of approximately Rs. 246. However, GMP is unofficial and does not guarantee listing gains.

5:48 am, 23 Oct 2026

QIB Demand Leads Jio Platforms IPO Subscription

Institutional investors continued to drive demand for the Jio Platforms IPO. The qualified institutional buyers (QIB) category was subscribed 13.35 times as of 10:18 AM, while the non-institutional investor category was subscribed 7.27 times, indicating strong interest from large investors.

5:34 am, 23 Oct 2026

Jio Platforms IPO Day 3: Issue Subscribed Nearly 6 Times

Reliance Jio Platforms’ Rs. 30,213-crore IPO continued to attract strong investor demand on the final day of bidding. The issue was subscribed 5.98 times as of 10:18 AM on October 23, with investors tracking the final subscription figures ahead of the closing bell.

5:34 am, 23 Oct 2026

Reliance Jio Platforms IPO enters its final day of subscription on October 23, with investors watching demand trends, grey market premium (GMP) and category-wise bidding before the issue closes. The Rs 30,213-crore public offering opened on October 21, with the price band fixed at Rs. 1,065–Rs. 1,119 per share.

At the upper end of the price band, the company’s valuation stands at approximately Rs. 10.3 lakh crore. With the latest subscription figures offering clues about investor appetite, the closing day could prove crucial for those tracking the much-awaited listing.

Here are the latest developments, key numbers and investor updates.

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