Reliance Jio IPO has good news for eligible employees! Reservation of shares worth up to ₹500 crore confirmed

What happened: Jio Platforms has reserved equity shares worth up to ₹500 crore for eligible employees in its upcoming IPO, per its Red Herring Prospectus. The issue opens October 21 and closes October 23, 2026. Key numbers: Employee reservation up to ₹500 crore. Maximum bid per eligible employee ₹5 lakh; initial allotment capped at ₹2 lakh. Why it matters: The listing would be the Reliance Group's first public offering in nearly two decades and the first listing of a consumer-facing business within the conglomerate. The issue is entirely a fresh issue, with no existing investors exiting. Coverage: 3 outlets in 24h

Jio Platforms has reserved equity shares worth up to ₹500 crore for eligible employees in its upcoming IPO, per its Red Herring Prospectus. The issue opens October 21 and closes October 23, 2026.

The listing would be the Reliance Group's first public offering in nearly two decades and the first listing of a consumer-facing business within the conglomerate. The issue is entirely a fresh issue, with no existing investors exiting.