jio Platforms Share IPO Listing live: The company share have settled at 1358rs on the BSE and the NSE in the pre -open session Jio makes blockbuster market debut, lists at 21.3% premium over IPO price. Nomura and Elara Capital have initiated coverage on the company with ‘Buy’ ratings, setting target prices of Rs 1,340 and Rs 1,367, respectively.
Jio Platforms lists at 21.36% premium, shareholder-category investors gain Rs 5,497 on minimum lot
Shares of Jio Platforms listed at Rs 1,358, a premium of Rs 239 or 21.36% over the IPO price of Rs 1,119. Investors allotted the minimum lot of 23 shares under the shareholder category would have made a listing gain of Rs 5,497, based on the opening price.
| Investor category | Lot size | Investment at IPO price (Rs) | Value at listing price (Rs) | Listing gain (Rs) |
|---|---|---|---|---|
| Retail | 12 shares | 13,428 | 16,296 | 2,868 |
| Shareholder | 23 shares | 25,737 | 31,234 | 5,497 |
| HNI | 180 shares | 2,01,420 | 2,44,440 | 43,020 |
Reliance’s Jio Platforms IPO was offered in the Indian primary market at a price band of ₹1,065 to ₹1,119 per equity share on 21st October 2026. Jio Platform’s parent company, Reliance Industries, holds around two-thirds stake in Jio Platforms. So, the market is expecting some movement in shares of Reliance Industries Ltd (RIL) also.
Akash Ambani thanks Jio’s board and existing shareholders for their guidance
To our board of directors and existing shareholders, thank you for your wisdom, your counsel and your faith in the vision of what we’re building together. Your guidance has been invaluable in bringing us to this moment.”On behalf of the entire Jio team, our promise to India is: we will keep building, innovating and pushing boundaries until that dream comes true.””My dream is that one day, when the world counts its great technology companies, one of them will be from India, and that company will be called Jio Platforms Limited.”
To my Jio family, my colleagues, working with this team has been the most enriching journey of my life.”Two things unite people like nothing else: a shared mission and camaraderie. We had both. We dared to dream big and stood by one another.”
Jio Platforms IPO GMP: Premium eases from record high
Jio Platforms’ GMP stood at ₹250 per share on Monday, according to market sources. Although it had eased from ₹260 last week, it remained above the ₹150 level recorded earlier this month. The GMP has so far touched a high of ₹260 and a low of ₹125. Since October 13, it has remained above ₹200, without slipping below that level, according to the available data.
However, grey market trends are unofficial and can change before listing. The GMP does not necessarily reflect the IPO’s final listing performance, and investors should not rely on it alone when assessing potential returns.
Jio Platforms Share Price: Listing Details
Jio Platforms’ IPO was priced at ₹1,119 per share at the upper end of its price band of ₹1,065–₹1,119. On October 28, the stock made its market debut at a premium of approximately 21.3%, according to the reported listing figure.
At a 21.3% premium, the implied listing price is approximately ₹1,357 per share. This represents a gain of around ₹238 per share compared with the IPO issue price.
The IPO received an overall subscription of 22.19 times. Qualified institutional buyers showed particularly strong interest, subscribing to their reserved portion more than 70 times, while retail investors subscribed approximately 2.72 times.
These figures highlight the strong demand for Jio Platforms before its stock market debut.
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