The Jio Platforms share price opened at ₹1,358 on 28 October, against an issue price of ₹1,119. That is a listing premium of about 21 per cent on the first morning, according to The Week. However, for most Jio customers, nothing changes in the plan they pay for today.
Quick answer
- Listing date: 28 October 2026, 10 am, on NSE and BSE.
- Issue price: ₹1,119. Opening price: ₹1,358.
- Money raised: about ₹30,213 crore through a fresh issue.
- Market value on listing morning: about ₹12.52 lakh crore, just ahead of Airtel.
- For customers: the listing does not set or change tariffs by itself.
What happened on listing day
The shares opened ₹239 above the issue price. Trading then stayed close to flat, with a high near ₹1,373 by about 10:40 am, as per The Week. Also, the issue was subscribed more than 22 times overall. Institutional buyers bid 70.55 times the shares on offer, Business Today reports.
These are first-hours figures, so they may have moved since. Prices change every minute while the market is open.
How Jio compares with Airtel now
On listing morning, Jio Platforms was valued at ₹12,51,967 crore. Bharti Airtel stood near ₹12,11,842 crore. In short, Jio edged ahead by roughly ₹40,000 crore, and Airtel’s shares were down about 1.8 per cent that morning.
Still, market value is only the price investors put on a company. It says little about network quality or what a plan costs you. For reference, Business Today puts Jio Platforms’ consolidated profit for FY2025-26 at ₹30,064 crore on revenue of ₹1.47 lakh crore.
What it means if you are a Jio customer
Jio Platforms is a subsidiary of Reliance Industries. It runs mobile services, home broadband and digital services. Because it is now listed, it will share results and notices with the stock exchanges on a regular schedule. So more of its numbers will be public than before.
Your recharge price, however, still depends on competition and telecom rules, not on the share price. Rivals keep adding perks to their packs. For example, Airtel’s prepaid add-on with YouTube Premium shows how closely the two compete.
What to keep in mind
Brokerages quoted by The Week expect the stock to do well over time. They also flag competition, heavy spending on networks and possible changes in telecom regulation as risks. This is context, not investment advice. Share prices can rise and fall daily.
FAQ
What was the Jio Platforms issue price?
The issue price was ₹1,119 per share, the upper end of the price band. The company raised about ₹30,213 crore in the offer.
When did Jio Platforms list on the stock exchanges?
It listed on Wednesday, 28 October 2026, at 10 am on the NSE and BSE. Shares opened at ₹1,358.
Will the Jio listing change my recharge plan?
Not directly. Tariffs are set by the company in a competitive market under telecom rules. A listing does not alter your current plan.