Jio Platforms IPO issue price finalised at ₹1,119 per equity share
Jio Platforms Ltd (JPL), a subsidiary of Reliance Industries, has finalised its IPO issue price at ₹1,119 per equity share of face value ₹10 each, including the anchor investor issue price.
By ScoutQuest · · 2 min read
- IPO Issue Price
- ₹1,119 per equity share of face value ₹10 each, including the anchor investor issue price
- Offer Size
- fresh issue of up to 27 crore equity shares
- Offer Period
- October 21 to October 23, 2026
What was announced
- Jio Platforms Limited (JPL), a subsidiary of Reliance Industries, has finalised the issue price of its initial public offer at ₹1,119 per equity share of face value of ₹10 each.
- The price is inclusive of the anchor investor issue price.
- The offer was by way of a fresh issue of up to 27 crore (Twenty seven crore) equity shares of face value of ₹10 each.
- The IPO opened for subscription on Wednesday, October 21, 2026 and closed on Friday, October 23, 2026.
- JPL has shared the Prospectus dated October 24, 2026 with the Registrar of Companies, Gujarat at Ahmedabad.
Plain-English background
An initial public offer is the first sale of a company's shares to the public. When an issuer finalises the issue price, it fixes the per-share price at which the offer will be allotted, after the subscription window closes.
The letter refers to the company's earlier disclosure dated October 14, 2026, which had intimated the Price Band, the Employee Discount and the Minimum Bid Lot for the offer.
Why the prospectus matters
The prospectus is the formal offer document shared with the Registrar of Companies. It carries the details of the offer, the business and the financials of the issuer, and is the reference document for anyone who applied or is tracking the issue.
What this means for Reliance shareholders
- JPL is a subsidiary of Reliance Industries, so the offer is at the level of the subsidiary, not of Reliance itself.
- The offer is a fresh issue, meaning the shares are being newly issued by JPL rather than sold by existing holders.
- The update is an intimation to the stock exchanges for information and record.
Key figures to note
- Issue price, including the anchor investor issue price: ₹1,119 per equity share
- Face value per share: ₹10
- Offer size: up to 27 crore equity shares
- Subscription window: October 21, 2026 to October 23, 2026
Takeaway
The announcement confirms the final price of JPL's offer and the update of its prospectus, completing the pricing stage of the issue from Reliance's disclosure point of view.
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More numbers
- Final issue price per equity share (incl. anchor investor price)₹1,119
- Face value per equity share₹10
- Fresh issue size (equity shares)27,00,00,000
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