Jio Platforms IPO Allotment Date Oct 26 LIVE: Final Subscription 22.19x, QIB 70.55x, 1.39 Crore World Record, GMP Rs 245-250
Jio Platforms IPO allotment is the most searched finance keyword in India today as India’s biggest ever IPO worth Rs 30,213 crore closed with historic subscription of 22.19 times overall. Basis of allotment will be finalised on Monday, Oct 26, 2026 as per official timetable confirmed by KFin Technologies, BSE and NSE data, not Oct 24. This is the first IPO in the world to cross 1 crore applications with 1.39 crore applications beating previous world record of Waaree Energies with 97 lakh applications.
Jio Platforms IPO Final Subscription – Verified Official Data
As per BSE, NSE and Deccan Herald official data updated Oct 23 close 7 PM:
Overall Subscription: 22.19x – Bids for 438.26 crore shares against 19.75 crore shares on offer. Total demand Rs 7.4 lakh crore including anchor demand of Rs 2.5 lakh crore, non-anchor alone Rs 4.9 lakh crore. Biggest IPO in India beating Hyundai Motor India Rs 27,870 crore.
QIB – Qualified Institutional Buyers: 70.55x – Highest ever for mega IPO. 4.90 crore shares reserved, but bids for 345.75 crore shares. QIBs include mutual funds, insurance companies, banks, foreign portfolio investors. Domestic banks and insurers wanted 152.5 crore shares, FPIs 123.9 crore, mutual funds 35.7 crore. Anchor book already raised Rs 8,109.85 crore on Oct 19 from 212 investors including BlackRock, Fidelity, GIC Singapore, ADIA, LIC largest Rs 499.98 crore. Anchor bids $25 billion for $854M quota – 30x oversubscribed.
NII – Non-Institutional Investors: 14.00x – 3.64 crore shares reserved, applications for 51.03 crore shares. Big HNI portion above Rs 10 lakh subscribed 15.89x, small HNI Rs 2 lakh to Rs 10 lakh subscribed 10.22x. Many brokers including SBI Securities offered 60% funding for applications Rs 5 lakh to Rs 10 lakh – rare in India showing huge demand.
Retail Individual Investors: 2.72x – 8.50 crore shares reserved, demand for 23.1 crore shares worth Rs 25,867 crore. Retail required minimum 12 shares per lot worth Rs 13,428 at upper band Rs 1119. Due to 2.72x, allotment will be via lottery. Odds roughly 1 in 2.7 if everyone bid for 1 lot, but many bid multiple lots so actual odds lower.
Shareholder Reservation: 7.60x – Rs 2,500 crore quota reserved for eligible Reliance Industries shareholders as of record date when RHP filed. Most popular in Hyderabad, Mumbai, Kakinada. 18.61 lakh applications in this category alone.
Employee Reservation: 2.93x – Rs 500 crore quota with Rs 54 discount per share, effective price Rs 1011-1065 vs public price Rs 1065-1119.
Day-wise Build-up: Day 1 subscribed 3.04x to 3.2x within 100 minutes of opening with QIB 9.42x retail 0.73x. Day 2 reached 5.24x to 5.57x with QIB 12.44x retail 1.49x to 1.54x. Day 3 final 22.19x with QIB 70.55x.
Jio Platforms IPO Details – Price Band, Lot Size, Valuation
Issue Size: Rs 30,213 crore entirely fresh issue of 27 crore shares, no Offer For Sale. All money goes to company to repay Rs 27,500 crore debt of subsidiary Reliance Jio Infocomm saving Rs 1,800 crore yearly interest.
Price Band: Rs 1065 to Rs 1119 per share, face value Rs 10. Final issue price fixed at Rs 1119 upper band.
Lot Size: 12 shares = Rs 13,428 minimum investment at upper band, Rs 12,780 at lower band.
Company Financials: Revenue from operations FY24 Rs 1,09,558 crore to FY26 Rs 1,46,885 crore, PAT Rs 21,423 crore to Rs 30,049 crore, EBITDA margin 50.2% to 51.9%, ARPU Rs 181.7 to Rs 214, customers 533.3 million including 284.9 million 5G users carrying 60% of India’s wireless data traffic, Jio AirFiber 4.2 million subscribers, Jio Platforms is telecom, cloud, AI business of Reliance Industries, Akash Ambani Managing Director.
Valuation: Rs 10.3 lakh crore or $108.3 billion top 5 listed companies after listing.
Jio Platforms IPO GMP Today Oct 24 – Latest Grey Market Premium
GMP today Oct 24 is Rs 245-250 as per A2Z IPO tracker 22.34% premium, vs Rs 245 earlier morning, vs Rs 238-240 on final day, range Rs 85 to Rs 275 during IPO period. Indicative listing price = Rs 1119 + Rs 245-250
= Rs 1369 with 22.34% gain. Some dealers quote Rs 253 = Rs 1372 listing with 22.61% gain. As per Business Today, Rs 238 GMP implies Rs 1357 listing with Rs 2856 gain per lot (12 x Rs 1357 = Rs 16,284 vs investment Rs 13,428). GMP is unofficial, not SEBI regulated, self-reported sentiment only, not guaranteed. Trend shows rising momentum +20.45x on final day.
Jio Platforms IPO Allotment Date and Timeline – Official
As per Chittorgarh, IPOJi, HDFC Sky official timetable:
IPO Open: Oct 21, 2026 10 AM
IPO Close: Oct 23, 2026 – 7 PM for retail, shareholder, employee; 4 PM for NII and QIB; UPI mandate approval till 7 PM
Allotment Finalization: Monday, Oct 26, 2026 (Basis of allotment)
Refund / Unblocking: Tuesday, Oct 27, 2026 morning via UPI ASBA
Demat Credit: Tuesday, Oct 27, 2026 evening after 6 PM
Listing Date: Wednesday, Oct 28, 2026 on BSE and NSE at 10 AM
Registrar: KFin Technologies Ltd, Lead Managers: Kotak Mahindra Capital and other joint managers.
How to Check Jio Platforms IPO Allotment Status – 3 Official Methods
Method 1 – KFin Technologies – Fastest and Official:
1. Go to official portal https://ipostatus.kfintech.com/ only use this domain, avoid fake Telegram links
2. Select IPO: Jio Platforms Limited from dropdown list after 6 PM on Oct 26
3. Choose search by PAN or Application Number or DP ID/Client ID
4. Enter details and captcha, submit – screen shows Allotted (shares count 12, 24, etc) or Not Allotted with refund details
Method 2 – BSE Website Official:
Visit https://www.bseindia.com/investors/appli_check.aspx > Select Equity > Issue Name Jio Platforms Limited > Enter PAN + Application Number > Submit
Method 3 – NSE + Broker Apps:
NSE link https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids > Select Equity & SME IPO Bid Details > Symbol JPL > Enter PAN or Application Number
Also check Zerodha Console > IPO > Allotment, Groww > IPOs > Allotment, Angel One, Upstox IPO section, UPI app BHIM shows unblock status.
Important Safety: Never pay anyone for confirmed allotment, never share UPI PIN or OTP, registrar never asks for money to check status.
What To Do After Allotment? Expert Strategy for Hyderabad Kakinada Investors
If allotted: Shares credited Oct 27 evening, you can sell from Oct 28 10 AM listing. Experts suggest book 50% profit if listing gain above 20% and hold rest long term as market leader with 5G monetization, ARPU growth expected Dec 2026, Google Meta backing, Jefferies target Rs 1500-1600 by March 2027. Minimum lot 12 shares at GMP Rs 250 gives Rs 3000 profit per lot.
If not allotted: Refund unblocked Oct 27 morning automatically via UPI ASBA. Check bank account. If money still blocked after Oct 28, contact bank first with PAN, application number, UPI ID, then registrar, then escalate on SEBI SCORES portal.
For Kakinada Hyderabad investors: Keep PAN, Application Number, Demat Client ID ready. Check after 7 PM on Oct 26 for best speed. Avoid checking on Oct 24-25 as allotment not final yet – many fake sites show fake status.
FAQ – Jio Platforms IPO Allotment
What is Jio Platforms IPO final subscription?
22.19x overall QIB 70.55x NII 14x Retail 2.72x Shareholder 7.6x Employee 2.93x. Bids Rs 7.4 lakh crore total including anchor Rs 2.5 lakh crore, non-anchor Rs 4.9 lakh crore, applications 1.39 crore world record.
When is Jio Platforms IPO allotment date?
Basis of allotment Monday Oct 26, 2026, not Oct 24. Refund and demat credit Oct 27, listing Oct 28 on BSE NSE.
How to check Jio IPO allotment on KFin Tech?
Go to ipostatus.kfintech.com, select Jio Platforms Limited, enter PAN or Application Number or DP ID, submit after 6 PM Oct 26.
What is Jio IPO GMP today?
Rs 250 (22.34% premium) as of Oct 24, indicates listing at Rs 1369. Range Rs 85 to Rs 275. Unofficial, not guaranteed.
What is lot size and minimum investment?
12 shares per lot, Rs 13,428 at upper band Rs 1119, Rs 12,780 at lower band Rs 1065.
Is Jio IPO allotment on Oct 24 final today?
No, Oct 24 is not allotment date. Official allotment is Oct 26 as per BSE NSE and registrar timetable. On Oct 24 you cannot check status yet, any site showing status on Oct 24 is fake.