Jio Platforms sets IPO price band and potential ₹10.3L/cr valuation

Business Oct 09, 2026

Jio Platforms is gearing up for a massive IPO, pricing its shares between ₹1,065 and ₹1,119 each.

If all goes as planned, Jio could be valued at up to ₹10.3 lakh crore ($107 billion), raising around ₹30,200 crore in the process.

You can apply for shares from October 21 to 23, and trading kicks off on October 28.

Jio Platforms seeks Hyundai IPO record

Jio's aiming to break Hyundai's record for India's biggest IPO by offering 270 million shares, backed by a team of 19 banks like Kotak Mahindra Capital and Morgan Stanley.

Jio continues to shape how India connects online.