Jio IPO consists of a fresh issue of up to 27,00,00,000 equity share. At the upper end of the price band, the IPO is expected to raise about Rs 30,213 crore, which makes its largest ever public issue in India.
It surpasses Hyundai Motor India’s Rs 27,870 crore issue in 2024 to become the largest IPO in India by issue size.
The IPO committee also approved employee Discount, and Minimum Bid Lot for the IPO.
A discount of Rs 54 per equity share  has been approved for eligible employees bidding under the Employee Reservation Portion.
Bid Lot: 12 Equity Shares and in multiples of 12 Equity Shares thereafter.
The IPO will open for subscription on Wednesday, 21 October 2026 and shall close on Friday, 23 October 2026. The IPO includes reservation of equity shares of Jio for a value not exceeding Rs. 500 crore for subscription by the eligible employees  and for a value not exceeding Rs.2,500 crore for subscription by the eligible Reliance Industries shareholders.
The Anchor Investor Bidding Date is Monday, 19 October.