The Jio Platforms listing opened at ₹1,358 per share on India’s BSE and NSE on October 28, 2026, a 21.36% premium to the company’s ₹1,119 IPO price.

Jio Platforms listing draws early trading

The shares reached an intraday high of ₹1,374.50 in early trade and were around ₹1,357.20 at 10:15 a.m. The listing valued Jio Platforms at approximately ₹12.5 lakh crore.

More than 96.6 crore shares changed hands in the first hour, generating turnover of ₹13,132 crore. Buy orders accounted for 94.5% of total order flow. The company’s free float was less than 3%.

Business scope and analyst outlook

Jio Platforms offers mobile and fixed-broadband services alongside digital products for consumers and businesses. Its Reliance Jio Infocomm subsidiary served 524.4 million customers in India as of March 31, 2026.

Brokerage Motilal Oswal Securities estimated that Jio served 533 million subscribers as of June 2026. It projected a 15% increase in smartphone tariffs by March 2027; that is an analyst forecast, not an announced price change.

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