Jio IPO 2026: India's Biggest Listing Is Here. Is It Worth Your Money?
Jio IPO 2026: India's Biggest Listing Is Here. Is It Worth Your Money? INTRO: The Jio IPO 2026 opens for subscription on 21 October, and the noise around it is deafening. Everyone talks about the size, the Ambani name and the grey market premium. I care about a simpler question: what am I paying, and what do I actually get? So I went through the red herring prospectus and the numbers. Here is my honest take. Jio IPO 2026 at a Glance - Opens and closes: 21 to 23 October 2026 - Anchor bidding: 19 October 2026 - Price band: ₹1,065 to ₹1,119 per share - Lot size: 12 shares - Issue: up to 27 crore fresh equity shares, about ₹28,755 to ₹30,213 crore - Implied valuation: about ₹10.3 lakh crore (roughly $107 billion) at the upper band - Allotment: 26 October 2026 - Tentative listing: 28 October 2026 on NSE and BSE The Jio IPO 2026 is a 100% fresh issue. That means no promoter is cashing out. Up to ₹27,500 crore of the proceeds will repay borrowings at Reliance Jio Infocomm, so the money ma...