Jio Platforms IPO Makes History: Over ₹7 Lakh Crore Demand, World’s Widest Investor Participation And Multiple Records.

Mumbai, Maharashtra, 24th of October, 2026 : Jio Platforms IPO Makes History: Over ₹7 Lakh Crore Demand, World’s Widest Investor Participation And Multiple Records.

Jio Platforms IPO Makes History: Over ₹7 Lakh Crore Demand, World’s Widest Investor Participation and Multiple Records

Key records and milestones | October 23, 2026

1. Jio Platforms IPO Creates History with Over ₹7 Lakh Crore in Investor Demand

Jio Platforms attracted aggregate investor demand exceeding ₹7 lakh crore, including over ₹2.5 lakh crore in anchor investor demand and approximately ₹4.90 lakh crore in public IPO bids. This sets a new benchmark for investor demand in India’s capital markets.

2. World’s Widest IPO Participation with Over 1.38 Crore Applications

Jio Platforms received over 1.38 crore applications, surpassing the reported global benchmark of approximately 97 lakh applications. The IPO recorded the highest reported number of applications for any public offering worldwide, reflecting unprecedented investor participation.

3. India’s Largest-Ever IPO at ₹30,213 Crore

Jio Platforms surpassed Hyundai Motor India’s ₹27,870 crore IPO to become India’s largest public issue. The entire ₹30,213 crore issue comprised fresh equity shares, with existing shareholders not selling a single share.

4. India’s Most Valuable Company to Launch an IPO at ₹10.3 Lakh Crore

Jio Platforms entered the capital markets with an IPO valuation of approximately ₹10.3 lakh crore ($109 billion), making it the most valuable company to launch an IPO in India. At this valuation, Jio would rank among India’s five most valuable listed companies.

5. Jio Platforms Could Debut as India’s Second-Most Valuable Company

A hypothetical 15% listing premium would take Jio Platforms’ market capitalisation to approximately ₹11.85 lakh crore. Depending on prevailing market valuations, this could position Jio among India’s most valuable listed companies, potentially at No. 2. This is a scenario, not a confirmed ranking or listing-price forecast.

6. Jio IPO Attracts Demand for 655.68 Crore Shares Against 27 Crore Shares Issued

Against a fresh issue of 27 crore shares, Jio recorded aggregate demand for approximately 655.68 crore shares, including anchor and public IPO bidding interest. The anchor book attracted demand exceeding 30 times, while the public IPO book was subscribed 22.2 times.

7. Jio IPO’s Anchor Book Attracts Over ₹2.5 Lakh Crore in Demand

Against an anchor allocation of approximately ₹8,110 crore, Jio received over ₹2.5 lakh crore in demand, representing more than 30 times the anchor book. The response reflected substantial interest from domestic and global institutional investors.

8. Jio IPO Closes with 22.2 Times Subscription

The public IPO book attracted bids worth approximately ₹4.90 lakh crore against an available book of ₹22,078 crore. The QIB portion was subscribed 70.55 times, NIIs 14 times, retail 2.72 times, employees 2.93 times and shareholders 7.60 times.

9. Jio Sets Institutional Demand Record with ₹3.87 Lakh Crore in QIB Bids

Qualified Institutional Buyers placed bids worth ₹3,86,901 crore, subscribing 70.55 times their allotted portion. This surpassed the previous reported institutional demand benchmark of approximately ₹3.86 lakh crore.

10. Jio IPO Sets New Application Record, Surpassing Waaree, Bajaj and Bharat Coking Coal

Jio’s over 1.38 crore applications surpassed Bharat Coking Coal’s 84.51 lakh, Waaree Energies’ 77.78 lakh and Bajaj Housing Finance’s 74.47 lakh applications in the supplied Indian comparison. This represents approximately 63%, 77% and 85% more applications, respectively.

11. Jio Sets Retail Application Record with Over 98.58 Lakh Applications

Jio surpassed Waaree Energies’ 70.13 lakh retail applications by 41%, Bharat Coking Coal’s 68.95 lakh by 43% and Tempsens Instruments’ 65.95 lakh by 49%.

12. Jio Breaks HNI Application Record with Over 9.37 Lakh Applications

Jio surpassed Waaree Energies’ 7.61 lakh HNI applications by 23%, LG Electronics India’s 6.96 lakh by 35% and Bharat Coking Coal’s 6.65 lakh by 41%.

13. Jio Sets Small HNI Application Record with Over 5.74 Lakh Applications

Jio exceeded Waaree Energies’ 4.90 lakh small HNI applications by 17%, LG Electronics India’s 4.46 lakh by 29% and Bharat Coking Coal’s 4.31 lakh by 33%.

14. Jio Sets Big HNI Application Record with Over 3.62 Lakh Applications

Jio surpassed Waaree Energies’ 2.71 lakh big HNI applications by 34%, LG Electronics India’s 2.50 lakh by 45% and Bajaj Housing Finance’s 2.34 lakh by 55%.

15. Jio Sets Shareholder Application Record with Over 20.77 Lakh Applications

Jio exceeded Tata Technologies’ 11.96 lakh shareholder applications by 74%, Bajaj Housing Finance’s 9.52 lakh by 118% and Bharat Coking Coal’s 8.83 lakh by 135%.

16. Jio Breaks Employee Application Record with Over 2.04 Lakh Applications

Jio surpassed SBI Funds Management’s 57,073 employee applications by 258%, LIC’s 47,460 by 330% and Bajaj Housing Finance’s 10,377 by 1,866%.

17. Jio IPO Records Over ₹1 Lakh Crore in Non-QIB Bids

Combined bidding from HNI, retail, shareholder and employee categories reached approximately ₹1.03 lakh crore. The HNI category alone attracted ₹57,109 crore in bids and was subscribed 14 times.

18. Jio Sets Shareholder-Quota Demand Record with ₹19,000 Crore in Bids

Jio’s shareholder portion attracted bids worth ₹19,000 crore, more than twice the previous reported benchmark of ₹9,350 crore. The category was subscribed 7.60 times.

19. Jio IPO Attracts ₹67,117 Crore in Bids on Opening Day

The IPO recorded 3.04 times subscription on its opening day, with bids worth ₹67,117 crore. This was identified as a record opening-day performance in the supplied IPO comparison.