Mumbai: Jio Platforms Limited (JPL), a subsidiary of Reliance Industries Limited (RIL), has filed its Red Herring Prospectus (RHP) with the Registrar of Companies, Gujarat, ahead of its much-awaited initial public offering (IPO), scheduled to open on October 21, 2026.
The filing, completed on October 14, marks an important milestone in the company’s plans to enter the stock market.
IPO Dates And Issue Details
According to the company’s exchange filing, the IPO will comprise a fresh issue of up to 27 crore equity shares with a face value of ₹10 each.
The anchor investor bidding process is scheduled for October 19, while the public subscription window will remain open from October 21 to October 23.
The company had submitted its Draft Red Herring Prospectus (DRHP) in June and received observations from the Securities and Exchange Board of India (SEBI) in August.
₹2,500 Crore Reserved For RIL Shareholders
Jio Platforms has earmarked shares worth up to ₹2,500 crore for eligible Reliance Industries shareholders.
Individual investors and Hindu Undivided Families (HUFs) holding Reliance Industries shares as public shareholders on October 14, 2026, will qualify for this reservation, subject to applicable regulations.
Additionally, equity shares worth up to ₹500 crore have been reserved for eligible employees.
These reservations provide specific investor categories an opportunity to participate in the public offering.
Why Jio Platforms IPO Matters
Jio Platforms operates Reliance Jio’s telecommunications business alongside several digital ventures.
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The company plays a significant role in Reliance Industries’ broader strategy to expand its consumer-facing businesses and unlock shareholder value.
Its operations span telecommunications and digital services, making the proposed listing an important development for India’s technology and telecom sectors.
With the RHP now filed, investor attention will shift towards the issue’s pricing, subscription demand and participation from institutional and retail investors.
The IPO is expected to attract considerable market interest given Jio’s large customer base and its position within the Reliance group.
