Jio Platforms IPO GMP Today: Price Band at ₹1065–₹1119, Grey Market Premium at ₹247 Ahead of Subscription

MUMBAI — Reliance Industries’ telecom and digital giant Jio Platforms is set to open its massive ₹30,213 crore initial public offering on October 21, 2026, with the latest Grey Market Premium (GMP) recorded at ₹247 per share as of October 20, 2026, signaling strong listing gains of 22.07%.

Jio Platforms IPO Key Overview and Dates

According to live market data tracked by InvestorGain as of October 20, 2026, grey market activity reflects sustained premium valuations for Jio Platforms Limited ahead of its subscription opening. The issue consists entirely of a fresh issue of shares, with proceeds primarily deployed toward debt prepayment of its key telecom subsidiary Reliance Jio Infocomm Limited (RJIL).

Grey Market Premium (GMP) Trend & Listing Estimates

As per InvestorGain’s latest update on October 20, 2026, the GMP for Jio Platforms stands at ₹247. Against the upper price band cap of ₹1,119, the expected listing price is projected at ₹1,366 per share, pointing to an estimated listing gain of 22.07%.

• Current GMP (20 Oct 2026): ₹247 (22.07% premium)
• Estimated Listing Price: ₹1,366 per share
• Estimated Profit Per Minimum Retail Lot: ₹2,964 (12 shares × ₹247)
• Retail Subject to Sauda: ₹2,200
• Small HNI Subject to Sauda: ₹33,000

Just as primary market liquidity has driven interest in recent listings—such as our analysis of the Bonfiglioli Transmissions IPO GMP trends and the recent Tonbo Imaging allotment subscription pace—investors are tracking Jio Platforms’ market capitalization post-listing closely.

Lot Size and Investment Thresholds

The minimum bid quantity is fixed at 12 equity shares, with applications accepted in multiples of 12 shares thereafter:

• Retail Minimum: 1 Lot (12 Shares) — ₹13,428
• Retail Maximum: 14 Lots (168 Shares) — ₹1,87,992
• Small HNI (sNII Min): 15 Lots (180 Shares) — ₹2,01,420
• Small HNI (sNII Max): 74 Lots (888 Shares) — ₹9,93,672
• Big HNI (bNII Min): 75 Lots (900 Shares) — ₹10,07,100

Financial Health & Balance Sheet Metrics

For the fiscal year ended March 31, 2026, Jio Platforms registered consolidated revenue of ₹1,49,759.10 crore, up 16% year-on-year, while Profit After Tax (PAT) grew 15% to ₹30,052.70 crore. In the quarter ended June 30, 2026, total income stood at ₹40,197.90 crore with a PAT of ₹7,764.10 crore, reflecting healthy EBITDA margins of 53.26%.

Frequently Asked Questions (AEO FAQs)

What is the Jio Platforms IPO GMP today?

As of October 20, 2026, the Grey Market Premium (GMP) for Jio Platforms IPO is ₹247 per share, indicating an expected listing gain of approximately 22.07%.

What is the price band and issue size of Jio Platforms IPO?

The price band is fixed at ₹1,065 to ₹1,119 per equity share, with a total issue size of ₹30,213 crore through a 100% fresh equity issue.

When will Jio Platforms shares list on stock exchanges?

Jio Platforms shares are tentatively scheduled to list on BSE and NSE on Wednesday, October 28, 2026.

Disclaimer: Grey Market Premium (GMP) is an unofficial, unregulated benchmark sourced from primary market dealers and should not be treated as a definitive indicator of actual stock listing performance. Investors must consult SEBI-registered advisors before bidding.