Jio Platforms set for mega stock market debut on October 28

28 Oct 2026, 9:22 am · 3h ago · 1 min read · Analytics India MagazineNew

Amount

₹30,213 Cr

Stage

IPO

Reliance Industries' digital and telecom arm, Jio Platforms, is set to make its stock market debut on October 28 in India's largest initial public offering to date. The ₹30,213-crore public offering was oversubscribed by 22.19 times by investors. Ahead of the issue, promoter Reliance Industries holds a 66.43% stake, with Meta affiliate Jaadhu Holdings holding 9.98% and Google holding 7.73%. Group B investors, including KKR, Silver Lake, PIF, and Mubadala, hold 15.86%. The company is issuing up to 27 crore fresh shares, representing approximately 2.93% of post-issue equity.