Reliance Industries Limited has announced the finalization of the issue price for Jio Platforms Limited’s (JPL) Initial Public Offer (IPO). The IPO closed on October 23, 2026, with the price set at ₹1,119 per equity share. This significant development follows an earlier disclosure on October 14, 2026, regarding the price band and employee discount for the offering. JPL is a subsidiary of Reliance Industries.
Jio Platforms IPO Price Finalized
Reliance Industries Limited (RIL) has officially confirmed the issue price for the Initial Public Offer (IPO) of its subsidiary, Jio Platforms Limited (JPL). The announcement, dated October 24, 2026, details that the final issue price, including the anchor investor price, has been set at ₹1,119 per equity share. Each share carries a face value of ₹10.
IPO Subscription Period and Disclosure
The IPO for Jio Platforms Limited opened for subscription on Wednesday, October 21, 2026, and concluded on Friday, October 23, 2026. This follows an earlier disclosure made by RIL on October 14, 2026, which provided details on the price band, employee discount, and the minimum bid lot. The total offering comprised up to 27,00,00,000 equity shares (twenty-seven crore) of face value ₹10 each.
Prospectus Filing
Further to the finalized issue price, RIL has also reported that the Prospectus dated October 24, 2026, for JPL’s IPO, has been filed with the Registrar of Companies in Gujarat at Ahmedabad. This marks a significant step in the public offering process for the telecommunications and digital services giant.
Information for Stock Exchanges
This disclosure is made for the information and record of the BSE Limited and the National Stock Exchange of India Limited. RIL is also providing copies to the Luxembourg Stock Exchange and the Singapore Exchange Limited.
Source: BSE
