RIReliance Industries500325IPO releated annoucment

Jio Platforms IPO: price band of ₹1,065 to ₹1,119 per share approved

Reliance Industries has disclosed that the IPO Committee of Jio Platforms Limited approved key offer details for the proposed IPO.

By ScoutQuest · Wed 14 Oct 2026, 8:13 PM IST · 2 min read

Price Band

₹1,065 to ₹1,119 per equity share

Employee Discount

₹54 per equity share

Minimum Bid Lot

12 equity shares of face value ₹10 each

The IPO Committee of the Board of Directors of Jio Platforms Limited (JPL) met on October 14, 2026 and approved three key offer parameters for the proposed initial public offer. This disclosure from Reliance Industries follows its earlier disclosure of the same date about JPL update its Red Herring Prospectus.

What has been approved

• Price Band: a range from a floor price of ₹1,065 per equity share to a cap price of ₹1,119 per equity share.
• Employee Discount: a discount of ₹54 per equity share for eligible employees bidding under the Employee Reservation Portion.
• Bid Lot: 12 equity shares of face value of ₹10 each as the Minimum Bid Lot, and in multiples of 12 equity shares of face value of ₹10 each thereafter.

What a price band means

The price band is the range within which bids can be placed. The floor price of ₹1,065 is the lower end of that range and the cap price of ₹1,119 is the upper end.

What the employee discount means

Eligible employees bidding under the Employee Reservation Portion can bid at a price that is ₹54 per equity share lower than what other categories pay, as set out for this offer.

What the minimum bid lot means

A bid must be for at least 12 equity shares. Bids above that must be in multiples of 12 shares. The number of shares bid for, taken with the bid price, decides the amount blocked for the applicant.

How to read this

• The figures are the terms fixed by the IPO Committee for the proposed offer of Jio Platforms Limited.
• Reliance Industries is the listed company making this disclosure; the offer is of JPL.
• The letter states the information is for information and record.

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