Jio Platforms’ upcoming ₹30,213 crore initial public offering has attracted preliminary institutional investor interest worth around ₹2.5 lakh crore — more than eight times the issue size — India TV News reported on October 17, 2026. It is a fresh data point on startup funding in India that underlines the scale of appetite for the telecom-to-digital giant.
Global funds, Indian mutual funds and insurance companies are among those reportedly interested in the offering, according to sources cited by the report. The figures reflect early-stage indications rather than formal bids, so they are not a guarantee of the final subscription level.
The IPO is scheduled to open for subscription on October 21 and close on October 23, with anchor investors bidding on October 19. The company has set a price band of ₹1,065 to ₹1,119 per share, and the shares are expected to list on October 28.
Reliance Industries holds a 66.43% stake in Jio Platforms, while Meta Platforms’ associated entity owns 9.98% and Google International holds 7.73%. A clearer picture of demand will emerge once anchor allocations and public subscription numbers are known.
Why it matters for founders
Pre-IPO ‘early demand’ numbers are soft signals — they move sentiment, not allocations. Watch the anchor book on October 19 and day-one QIB bidding instead; those are the numbers that decide listing-day pops for India’s mega IPOs.