Reliance Industries Limited (RIL) has submitted a newspaper clipping advertisement published in 'Sandesh' newspaper on October 17, 2026, regarding the proposed Initial Public Offer (IPO) of its subsidiary Jio Platforms Limited (JPL).

Jio Platforms Limited, incorporated on November 15, 2019, is proposing an initial public offering through a fresh issue of up to 27,00,00,000 (Twenty seven crore) equity shares. The company filed the red herring prospectus (RHP) with the Registrar of Companies, Gujarat at Ahmedabad, on Wednesday, October 14, 2026.

The IPO includes a reservation portion of equity shares for eligible RIL shareholders worth up to ₹2,500 crore. This reservation is available to individuals and HUFs (directly or in the name of karta) who are public equity shareholders of RIL, excluding those not eligible to invest in the IPO under applicable laws.

Key Offer Details:

  • Price Band: ₹1,065 to ₹1,119 per equity share
  • Face Value: ₹10 per share
  • Minimum Bid Lot: 12 equity shares
  • Bid Increments: Multiples of 12 equity shares thereafter

Important Dates:

  • Bid/Issue Opening Date: Wednesday, October 21, 2026
  • Bid/Issue Closing Date: Friday, October 23, 2026

Reservation Structure:

The maximum bid amount under the RIL Shareholders Reservation Portion shall not exceed ₹200,000. Eligible RIL shareholders bidding in this portion can also bid under other portions (Retail Portion, Non-Institutional Portion, and Employee Reservation Portion if eligible), and such bids shall not be considered multiple applications.

Application Process:

Bids can be made electronically or through physical Bid cum Application Form. The Bid cum Application Forms and Abridged Prospectus will be available with Designated Intermediaries at their specified offices and at the corporate office of JPL.

The RHP is available on SEBI's website (www.sebi.gov.in), the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com), JPL's website (www.jio.com), and the websites of the Book Running Lead Managers.

The communication clarifies that it is neither a solicitation to participate in the IPO nor does it assure any allotment of shares. Potential investors should refer to the RHP for making investment decisions.