# Jio IPO Hits 1 Crore Applications

> Jio Platforms' IPO becomes first global public issue to cross 1 crore applications, signaling India's retail investor growth.
- Title: Jio IPO Hits 1 Crore Applications · The Economic Times
- Summary: Jio Platforms' IPO becomes first global public issue to cross 1 crore applications, signaling India's retail investor growth. Jio Platforms' IPO received…
- Keywords: jio platforms, ipo, india, retail investors, public issue, applications, sebi, money, business, Jio, Hits, Crore
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/ipos/fpos/jio-ipo-becomes-first-public-issue-globally-to-cross-1-crore-applications-record-puts-spotlight-on-depth-of-indias-retail-investor-base/articleshow/135144742.cms
- Author: ET Special
- Published: 2026-10-23T11:56:00+00:00
- Read time: 1 min
- Topics: jio platforms, ipo, india, retail investors, public issue, applications, sebi, money, business
## Jio IPO Breaks Global Record
Jio Platforms' initial public offering crossed the one-crore application mark, becoming the first global public issue to receive over 10 million applications.
## Record Applications for India's Largest IPO
The ₹30,213-crore issue, India's largest IPO, drew participation from institutional, non-institutional, and retail investors ahead of the bidding closure on October 23.
## Previous Records in Indian Market
Waaree Energies received around 97.34 lakh applications, while Bharat Coking Coal attracted approximately 90.31 lakh applications.
## Retail Investor Expansion
The record shows how far India's retail investor base has expanded and how quickly large businesses can draw participation beyond traditional market hubs.
## Jio's Technology Platform Position
Jio is now positioned as a technology platform with connectivity, digital services, artificial intelligence, and enterprise technology.
## Investor Communication Strategy
The video highlights wealth-creation suggestions, including systematic investment plans and long-term holding after the IPO closes.
## Investment Risks and Advice
Investment decisions depend on individual financial goals, risk appetite, and company performance; applications do not guarantee allotment or returns.
## Next Steps for Jio IPO
The Jio Platforms IPO is expected to list on October 28, testing its ability to convert investor interest into sustained business growth.
## Key takeaway

Jio Platforms' IPO received over 10 million applications, making it the first global public issue to surpass 1 crore applications.