Back to Live IPO Tracker
Jio Platforms Limited logo
JPLMAINBOARDOPENNSE

Jio Platforms Limited

Capital Goods & Infrastructure • Total Issue: ₹30188 Cr

Grey Market Premium
+₹244.01(+21.81%)
Indicative Listing: ₹1363.01
Source: IPOAlerts • Updated 22/10/2026
Price Band & Minimums
Offer Price Band
₹1065.00 - ₹1119.00
Lot Size
12 shares
Min Investment
₹13,428
Subscription Status
5.57x
Oversubscribed
Snapshot as of Day 2
Estimated Listing Gain
+21.81%
Indicative listing: ₹1363.01
Calculated from unofficial GMP, not an actual listing-day return.

Category-Wise Subscription Breakdown

Latest snapshot as of Day 2 · Overall 5.57x

QIB
13.29x
Offered: 4,90,07,827
Bid: 65,14,58,268
NII
5.97x
Offered: 3,64,44,569
Bid: 21,74,24,940
Retail
1.54x
Offered: 8,50,37,327
Bid: 13,09,39,248
Employee
2.10x
Offered: 46,94,835
Bid: 98,54,916
Total
5.57x
Offered: 19,75,25,934
Bid: 1,10,00,00,880

Valuation Multiples & Key Ratios

P/E Ratio
24.80x
Market Cap
₹1450.00 Cr
EPS
₹45.12
RoNW
19.80%
NAV / Share
₹266.43
P/B Ratio
4.20x
NSE Market Pulse ResearchSector Climate: PREMIUM

Sector Valuation Anchors & Multiples

Comparing Jio Platforms Limited asking multiples against official 10-year historical sector norms for Capital Goods & Infrastructure.

View Source Report
Price to Earnings (P/E)
IPO Asking P/E:24.80x
Sector Current P/E:34.60x
10-Yr Historical Mean:28.20x
-12.1% discount vs 10Y mean
Asset & Earnings Ratios
IPO Asking P/B:4.20x
Sector P/B Ratio:4.20x
Sector YoY Earnings Growth:+21.50%
Sector Dividend Yield:0.85%
Institutional Net Flows
FII Net Flow (Monthly):₹2190.00 Cr
NSE Commentary:

“Robust sovereign capital outlay and multi-year order backlogs support elevated multiples.”

Educational Context Only: Official benchmarks published by NSE Economic Policy & Research — Market Pulse. Valuations provide macro reference and do not constitute investment advice.
Sector ID: INFRASTRUCTURE

Grey Market Premium (GMP) History

Real-time multi-observation premium trend line and daily price movements.

Latest GMP
+₹244.01
Peak GMP
+₹257.13
Observations
8 points
22 Oct:+₹244.01Est Gain: +21.8%
₹296₹222₹148₹74₹015 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct
Historical Daily Observations (8)
15 Oct
+₹222.63
16 Oct
+₹221.85
17 Oct
+₹223.95
18 Oct
+₹243.34
19 Oct
+₹252.00
20 Oct
+₹257.12
21 Oct
+₹257.13
22 Oct
+₹244.01

IPO Timeline & Schedule

Bidding Opens
2026-10-21
Bidding Closes
2026-10-23
Allotment Date
2026-10-26
Refunds Init
2026-10-27
Demat Credit
2026-10-27
Listing Date
2026-10-28
Official IPO Registrar

Kfin Technologies Limited

Check Allotment on Registrar Portal

About Jio Platforms Limited

Jio Platforms delivers digital connectivity in India via a proprietary, AI-driven 5G stack (JioBrain), JioAirFiber, and JioFiber. Revenue is primarily generated through subsidiary Reliance Jio Infocomm’s mobile, enterprise, and rural broadband services. The company also offers digital entertainment/utility apps (JioTV, JioSaavn) and cloud computing solutions, with strategic plans to monetize its homegrown technology internationally through global partnerships and managed service arrangements.

Key Business Strengths

  • Operates a full-stack technology platform built on proprietary digital technology and connectivity infrastructure.
  • Has the largest spectrum holding in India; has the most extensive network infrastructure with nationwide wireless and broadband coverage.
  • Net debt to EBITDA has fallen from 0.88x (FY24) to 0.36x (FY26)
  • Carried about 60% of India’s wireless data traffic in FY26
  • Capitalizes on the distribution strength of Reliance Retail and the MyJio App to distribute connections and digital services

Key Risks & Challenges

  • Intense competition from telecom operators and global digital technology companies may impact growth and pricing.
  • Changes in telecom licensing, spectrum policies, or data regulations could affect business operations.
  • Cybersecurity threats, data privacy issues, or infrastructure vulnerabilities could impact customer trust and services.
  • ₹1.05 lakh crore owed to DoT in deferred spectrum payments
  • Has never paid a dividend; RIL keeps control after listing

Transparency & Informational Notice

Grey Market Premium (GMP) is unofficial, unregulated market pricing gathered from market participants and brokers. It is provided for educational and observation purposes only and does not represent guaranteed listing price or investment advice.