Reliance Jio IPO subscription status: what happened

Published 24 October 2026 at 7:01 am · 10 sources · 20000+ searches today

As of 24 October 2026, the Reliance-backed Jio Platforms IPO is the big India market story because it opened on 21 October and closed on 23 October with very strong demand. The issue was reportedly fully subscribed within about 100 minutes, and final exchange-based reporting puts total subscription at around 22.19 times.

Key facts

IPO opened 21 Oct 2026 and closed 23 Oct 2026
Final subscription: about 22.19 times
Over 438 crore bids for 19.75 crore shares
Issue size: about ₹30,213 crore
Expected allotment: 26 Oct 2026

What happened

This is why people are searching for the subscription status today: investors want to know how strong demand was and what it may mean for allotment chances. The IPO also drew unusually high application volume, with more than one crore applications reported.

Because the final number is much higher than early-day updates, the closing figure is the one investors should use when checking the result of the issue.

Background and why it matters

Investor interest was broad across categories. Retail investors reportedly bid for 17.19 crore shares against 8.50 crore reserved shares, about 2.02 times by midday on the final day, while the shareholder and employee portions were reported at 5.68 times and 2.48 times respectively.

Key numbers to know

The IPO’s strong demand also explains why investors are now focused on the next steps: the expected allotment on 26 October 2026 and the scheduled market trading on 28 October 2026. Those dates matter for people checking whether they received shares and what price the stock may open at.

What to watch next

For people in India, the practical question now is not whether the issue was popular, but how the oversubscription may affect allotment odds. The final subscription figure and the allotment date are the two most useful facts to track.

Frequently asked

What is the Reliance Jio IPO subscription status as of 24 October 2026?

The IPO closed at about 22.19 times subscribed, according to final NSE-based reporting. Earlier same-day reports were lower, but the final exchange-confirmed figure is the one to use.

When did the Jio IPO open and close?

It opened on 21 October 2026 and closed on 23 October 2026. Reports said it was fully subscribed within roughly 100 minutes of opening.

How much money did the Jio IPO raise?

The issue raised about ₹30,213 crore, or roughly $3.2 billion. The price band was ₹1,065 to ₹1,119 per share.

When is the Jio IPO allotment date and listing date?

Reports said the expected allotment date was 26 October 2026. Market trading was reportedly scheduled for 28 October 2026.

Sources

Researched automatically from live news and written by Simpledot's AI; facts are limited to what the sources above report as of the published time. Spot an error? Tell us.