Diwali offer for RIL shareholders! Reliance Jio sets aside Rs 2,500 crore shares in IPO reservation

What happened: Jio Platforms filed its red herring prospectus for an IPO of up to 27 crore equity shares, with a reservation of up to Rs 2,500 crore worth of shares for eligible Reliance Industries shareholders. Key numbers: IPO of up to 27 crore shares. Anchor bidding opens October 19, 2026. Why it matters: The reservation gives RIL shareholders a separate quota and a direct route to apply for Jio shares. Analysts call the listing a major value-discovery event, though unlocking depends on final valuation, public float, subscription demand and post-listing performance.

Jio Platforms filed its red herring prospectus for an IPO of up to 27 crore equity shares, with a reservation of up to Rs 2,500 crore worth of shares for eligible Reliance Industries shareholders.

The reservation gives RIL shareholders a separate quota and a direct route to apply for Jio shares. Analysts call the listing a major value-discovery event, though unlocking depends on final valuation, public float, subscription demand and post-listing performance.