Jio Platforms Limited (JPL), a subsidiary of Reliance Industries Limited (RIL), has filed its Red Herring Prospectus (RHP) with the Registrar of Companies, Gujarat, marking a significant step towards its much-anticipated initial public offering (IPO). The public issue is scheduled to open for subscription on October 21, 2026, and close on October 23, 2026.
The company filed the RHP on October 14, following the submission of its Draft Red Herring Prospectus (DRHP) in June and the receipt of observations from the Securities and Exchange Board of India (SEBI) in August.
In an exchange filing, Jio Platforms confirmed that it had submitted the RHP dated October 14, 2026, to the Registrar of Companies in Ahmedabad, Gujarat.
Jio Platforms IPO: Issue Size and Share Reservation
The proposed IPO comprises a fresh issue of up to 27 crore equity shares, each carrying a face value of Rs 10. The company has also made provisions for specific investor categories as part of the offering.
Jio Platforms has earmarked shares worth up to Rs 500 crore for eligible employees. Additionally, shares worth up to Rs 2,500 crore have been reserved for eligible shareholders of Reliance Industries.
The shareholder reservation is available to individual investors and Hindu Undivided Families (HUFs) who qualify as public shareholders of Reliance Industries as of October 14, 2026, subject to applicable regulatory requirements.
These reservations provide eligible employees and existing Reliance Industries public shareholders with a designated portion of the proposed offering.
Jio Platforms IPO Dates: Anchor Bidding and Subscription Window
According to the offer schedule, the anchor investor bidding process will take place on October 19, 2026. The IPO will subsequently open to public investors on October 21 and remain open until October 23.
Here are the key dates for investors to note:
- RHP filing date: October 14, 2026
- Anchor investor bidding date: October 19, 2026
- IPO opening date: October 21, 2026
- IPO closing date: October 23, 2026
Investors should refer to the final offer documents for details regarding the price band, lot size, minimum application amount, allotment process and other terms of the issue.
Jio Platforms IPO: Why the Issue Matters
Jio Platforms houses Reliance Jio’s telecommunications operations as well as a broad portfolio of digital businesses. The company is a key part of Reliance Industries’ strategy to unlock value from its consumer-facing businesses.
The proposed IPO has attracted attention because of Jio Platforms’ position in India’s telecommunications and digital services sectors. The listing could provide investors with an opportunity to participate in the company’s growth, subject to the final offer terms and market conditions.
With the RHP now filed, the IPO has moved closer to its scheduled launch. Investors will be watching for further disclosures, including the final pricing details and other information that will help them assess the offering before applying.