
Corporate Action14 Oct 2026, 06:40 pm
Jio Platforms Files Red Herring Prospectus for IPO
AI Summary
Jio Platforms Limited (JPL), a subsidiary of Reliance Industries Ltd, has filed its Red Herring Prospectus (RHP) with the Registrar of Companies, Gujarat. This filing is for its Initial Public Offer (IPO) which includes a fresh issue of up to 27 crore equity shares. The IPO reserves equity shares for Eligible Employees (up to ₹500 crore) and Eligible RIL Shareholders (up to ₹2,500 crore). The Anchor Investor Bidding Date is October 19, 2026, with the IPO opening for subscription on October 21, 2026, and closing on October 23, 2026.
Key Highlights
- Jio Platforms files Red Herring Prospectus for its Initial Public Offer.
- IPO includes reservations for employees and RIL shareholders.
- Subscription opens on October 21, 2026, and closes on October 23, 2026.
- Anchor investor bidding starts on October 19, 2026.
Price Impact
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