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According to the latest buzz on the D-street, some media sources claim that with the roadshows already done in the US, UK, Dubai, Singapore, Hong Kong, led by Akash Ambani and Isha Ambani, Reliance Industries Limited-backed Jio Platforms is moving to file the red herring prospectus soon. Reportedly, the IPO financial figures are being passed around. The issue size is expected to be around Rs. 37,000–37,800 crore. And, it could be a pure fresh issue of up to 27 crore shares. According to the buzz, the discussed price band is roughly Rs. 1,350-1,450, suggesting a post-issue valuation near ₹12.4-13.4 lakh crore. The target window for the listing is the October end to November 2026. Jio Platforms IPO: Proposed Timeline (Expected/Reported) -Anchor Book: October 19, 2026 -IPO Open Date: October 21, 2026 -IPO Close Date: October 23, 2026 -Basis of Allotment: October 26, 2026 -Listing Date: October 28, 2026 Earlier, wire news agency Press Trust of India (PTI) had reported that Jio Platforms is giving final touches to its public offer documents. Jio Platforms IPO is touted as India's largest at an estimated USD 3.8 billion, after concluding worldwide roadshows, according to a source aware of the development, PTI reported. Jio Platforms has the largest 5G Standalone network outside China, with 26.85 crore 5G customers as of June 2026. Jio leads the Fixed Wireless Access segment globally with about 1.5 crore subscribers, roughly 1.5 times the second-largest player, US-based T-Mobile. The roadshows overseas were led by Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani and Reliance Retail Ventures Limited Executive Director, Isha Ambani. "Jio Platforms has completed the first leg of the IPO after roadshows with potential investors globally. The roadshows were held in the US, UK, Dubai, Singapore and Hong Kong. Now, the company has started preparations for filing a red herring prospectus," a source aware of the development told PTI. The Securities and Exchange Board of India (Sebi) had issued its final observations on August 28. Jio Platforms had filed its draft IPO papers in June. The proceeds will be used primarily to repay or prepay, in whole or in part, about ₹27,500 crore of outstanding borrowings of Reliance Jio Infocomm Ltd, Jio Platforms' material subsidiary, according to the draft prospectus. Reliance Jio Infocomm, the telecom arm of JPL, dominates the Indian telecom market with a 32.89 per cent market share in fixed-line connections, serving 157.9 million customers, and a 39.29 per cent share in mobile connections, with 506 million customers. Jio claims that its 5G network's carrying capacity is close to 60 per cent of India's wireless data traffic, one of the largest in the world. Prashant V. Singh is the Editor and Head of LiveMint and LiveMint Hindi at HT Media Group, bringing nearly two decades of core business journalism, digital transformation, and newsroom innovation experience. A pioneer in digital-first news operations, video-first storytelling, and the integration of artificial intelligence in media, Singh shapes overarching editorial strategies for some of India's most influential financial information platforms.<br><br> Throughout his distinguished career, Singh has held key editorial leadership positions across India’s premier media conglomerates. Before joining HT Media Group, he served as Deputy Executive Editor at Business Today (India Today Group), Senior Editor – Business at Times Network (ET NOW & ET NOW Swadesh), Assistant Editor at The Financial Express, and held crucial editorial roles at Zee Business and Network18 (CNN-IBN).<br><br> Singh is widely recognized for his expertise in next-gen newsroom technology. At Business Today, he led the operational deployment of generative AI software systems—including Frammer and proprietary tools like Pragya AI—to optimize story creation, multi-platform distribution, and audience reach. A versatile multi-format journalist, his work seamlessly spans deep text journalism, broadcast television, video exclusives, podcasts, and data-led macroeconomic reporting.<br><br> His professional credentials also include specialized training and executive programs from global media bodies, such as leadership and digital transformation modules from INMA (International News Media Association) and specialized journalism courses from Reuters.<br><br> He has steered extensive coverage across 13 Indian Union Budgets, over 80 RBI MPC Monetary Policy reviews, more than 72 US Federal Reserve (FOMC) meetings, and over 150 major IPO listings. Academically, Singh holds a Post-Graduate Diploma in Business Management (PGDBM) in International Business from IMT Ghaziabad, a Master's degree in Mass Communication and Journalism, an undergraduate background in core sciences, and an advanced certification in Generative AI for Skill Enhancement from Bennett University.<br><br> <b>Connect & Pitch</b><br> For pitches, press releases, expert quotes, interviews, media appearances, corporate leadership insights, and podcast collaborations, reach out directly via prashantvsingh@htdigital.in Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.
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