Jio Platforms Files RHP For Mega IPO Opening October 21

14 Oct 2026, 7:24 pm · 2h ago · 1 min read · Inc42New

Amount

₹30,000 Cr

Stage

IPO

Reliance Industries subsidiary Jio Platforms has filed its Red Herring Prospectus with the RoC, Ahmedabad, to launch an initial public offering opening for public subscription on October 21 and closing on October 23, 2026. Anchor bidding is scheduled for October 19. The issue comprises a fresh issue of up to 27 crore equity shares, expected to raise over ₹30,000 crore. Jio plans to deploy ₹27,500 crore from the proceeds to prepay or repay borrowings of its subsidiary, Reliance Jio Infocomm. The IPO includes reservations of ₹500 crore for employees and ₹2,500 crore for Reliance shareholders.