After breaking records, the allotment for the Jio Platforms IPO is expected to be finalised today, October 26, following record-breaking bidding during the three days the issue was open for subscription. Investors can now check the allotment status to find out whether they have been allocated shares in India's biggest IPO.The Rs 30,213-crore Jio Platforms IPO received an overall subscription of 21.36 times by the close of bidding on October 23.
The retail investor portion was subscribed 2.76 times, while the qualified institutional buyers (QIB) category, excluding anchor investors, received bids 67.15 times the shares on offer. The non-institutional investor (NII) category was subscribed 13.99 times.The issue received bids for more than 421.87 crore shares against 19.75 crore shares offered across categories, according to the subscription data.
The retail category alone saw 1.02 crore applications, highlighting the strong interest among individual investors.The allotment status is expected to be available through the IPO registrar, KFin Technologies, as well as the BSE and NSE websites, subject to their respective status-check facilities being updated. HOW TO CHECK JIO PLATFORMS IPO ALLOTMENT STATUSInvestors can check their Jio Platforms IPO allotment status online by following these steps:Through KFin Technologies Visit the official KFin Technologies IPO allotment status page.Select Jio Platforms IPO from the issue list.Choose the identification option available, such as PAN, application number or demat account details.Enter the required details.Submit the information to view the allotment status.Through BSEVisit the official BSE IPO allotment status page.Select the equity issue option and choose Jio Platforms IPO.Enter the application number or PAN, as required.Complete the verification process and submit the details.Check the allotment result displayed on the screen.Through NSEVisit the official NSE IPO bid verification or allotment-status facility.Select Jio Platforms IPO, if available.Enter the required application or PAN details.Submit the information to check the status.The exact options available may vary across platforms.
Investors should use the official websites and avoid sharing their PAN, application details or other personal information on unverified links.JIO PLATFORMS IPO LISTING DATEJio Platforms shares are scheduled to list on the BSE and NSE on October 28, 2026. The allotment is expected to be finalised on October 26, while the subsequent steps, including share credit and refunds for unsuccessful applicants, will follow the issue's schedule.The IPO was open for subscription from October 21 to October 23.
The price band was fixed at Rs 1,065 to Rs 1,119 per share, with a lot size of 12 shares. Retail investors applying at the upper end of the price band needed to invest Rs 13,428 for one lot.The issue is entirely a fresh issue of 27 crore shares worth Rs 30,213 crore.
Kotak Mahindra Capital Company is the book-running lead manager, while KFin Technologies is the registrar.JIO PLATFORMS IPO GMP TODAYThe grey market premium (GMP) for the Jio Platforms IPO stood at Rs 247 on October 26, according to the latest data provided. Against the upper price band of Rs 1,119, this indicates an estimated listing price of Rs 1,366.At this level, the implied premium is around 22.07% over the issue price.
For an investor allotted one lot of 12 shares at Rs 1,119 per share, the indicative gain would be around Rs 2,964 if the shares list at the estimated price.However, the grey market premium is unofficial and can change before listing. It does not guarantee the price at which the shares will list or the returns investors will make.The strong subscription numbers indicate heavy demand for the issue, particularly from institutional investors.
However, a high subscription multiple does not mean every applicant will receive shares. Allotment depends on the category, the applicable allocation rules and the number of valid applications.Investors should check their status on the official registrar or exchange websites and wait for the listing to assess the stock's actual market performance.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group.
It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- Ends