Jio Platforms began trading on India’s stock exchanges on Wednesday, October 28, 2026, opening at ₹1,358 a share after completing the country’s largest initial public offering.
The opening price was ₹239 above the final issue price of ₹1,119, representing a 21.36% gain for investors who received shares in the offering.
The shares were admitted to trading on the BSE and National Stock Exchange under the symbol JPL.
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Jio Platforms listing delivers strong first-day premium
Jio Platforms’ listing followed a public issue that raised approximately ₹30,213 crore through the sale of newly issued shares, as reported in Reliance Industries’ corporate announcements.
The company’s exchange notice recorded the final issue price at ₹1,119 per share and confirmed October 26 as the allotment date.
The public issue was offered at a price band of ₹1,065 to ₹1,119.
Bidding ran from October 21 to October 23, with trading scheduled to begin on October 28.
| Jio Platforms IPO measure | Figure |
|---|---|
| Issue price | ₹1,119 per share |
| Listing price | ₹1,358 per share |
| Opening gain | ₹239 per share |
| Listing premium | 21.36% |
| Minimum bid lot | 12 shares |
| Total shares listed | 9,209,030,830 |
What Jio Platforms brings to public markets
Jio Platforms is the digital and telecommunications holding company behind Reliance Jio’s mobile, broadband and related technology businesses.
Reliance Industries remained the promoter, holding 66.43% of Jio Platforms before the offering, according to the company’s draft prospectus.
The prospectus identified Reliance Industries as the promoter and listed major strategic investors including entities linked to Meta Platforms, Google International and Saudi Arabia’s Public Investment Fund.
The company’s operating base includes a large wireless customer network, fixed broadband services and a broader collection of digital products.
Its prospectus reported that Reliance Jio Infocomm had 524.4 million customers as of March 31, 2026, while also identifying customer retention and churn as important business risks.
Why the debut matters for Reliance Industries
The public listing gives investors a direct way to value a major part of Reliance Industries’ technology and communications portfolio rather than assessing it only through the parent company’s consolidated results.
Based on the listed share count and the ₹1,358 opening price, Jio Platforms had an implied market value of roughly ₹12.5 lakh crore at the start of trading.
That calculation is based on the share count recorded in the exchange listing notice and the reported opening price.
The debut also creates a new publicly traded reference point for investors assessing India’s telecom sector, where network investment, pricing, spectrum costs and data consumption remain central factors.
What investors will watch next
The first trading session does not determine whether the IPO valuation will be sustained.
Investors will now focus on subscriber growth, average revenue per user, broadband expansion, capital spending and the company’s ability to turn digital services into recurring revenue.
Jio Platforms has also positioned artificial intelligence, cloud services and other technology products as part of its longer-term growth strategy.
Delivering those plans will require continued investment while the company manages competition and regulatory changes in India’s communications market.
The company’s exchange listing marks the completion of the IPO process, but the next phase will be measured through quarterly financial results and operating disclosures as a newly public company.
What Canadian investors should know
Jio Platforms is listed in India, not on a Canadian exchange.
Canadians seeking exposure would generally need access to Indian securities markets through an eligible brokerage or an investment product that holds Indian equities.
Currency movements between the Indian rupee and Canadian dollar can affect returns, even if the share price rises in India.
Brokerage fees, foreign-exchange costs, tax treatment and market-access rules may also apply.
The strong opening reflects the price at which trading began on October 28, 2026, rather than a guarantee of future performance.
Frequently Asked Questions
What price did Jio Platforms list at?
Jio Platforms opened at ₹1,358 per share on both the BSE and National Stock Exchange on October 28, 2026.
What was the Jio Platforms IPO issue price?
The final issue price was ₹1,119 per share, the top of the IPO’s ₹1,065-to-₹1,119 price band.
How much did Jio Platforms rise on debut?
The shares opened ₹239 above the issue price, a gain of 21.36%.
Who owns Jio Platforms?
Reliance Industries was the promoter and held 66.43% before the IPO, while other major investors included entities linked to Meta Platforms, Google and Saudi Arabia’s Public Investment Fund.
Can Canadians buy Jio Platforms shares?
Jio Platforms trades in India, so Canadian investors would need an eligible brokerage or investment product offering access to Indian-listed securities, along with considering currency, fee and tax implications.
Fact-Checked: Key listing, issue-price, share-count, ownership and timeline details were checked against exchange, regulator and company disclosures, with the opening price corroborated by current market reporting. ([ril.com](https://www.ril.com/investor/resource-center/corporate-announcements))
Disclaimer: This article is for general information only and is not investment advice.