# Reliance Jio IPO Boosts RIL Shares

> Reliance Jio IPO subscription opens, lifting RIL shares to ₹1,234.30.
- Title: Reliance Jio IPO Boosts RIL Shares · mint | Shortify
- Summary: Reliance Jio IPO subscription opens, lifting RIL shares to ₹1,234.30. Reliance Industries shares rose to ₹1,234.30 after Jio Platforms IPO subscription…
- Keywords: reliance industries, jio platforms, mukesh ambani, rili shares, ipo subscription, stock market, news, india, Reliance, Jio, IPO, Boosts
- Source: mint — https://livemint.com/market/stock-market-news/how-reliance-jio-ipo-is-acting-as-shot-in-the-arm-for-ril-shares-will-mukesh-ambani-company-stock-fly-more-buy-now-11792557480938.html
- Author: Asit Manohar
- Published: 2026-10-21T05:03:32+00:00
- Read time: 1 min
- Topics: reliance industries, jio platforms, mukesh ambani, rili shares, ipo subscription, stock market, news, india
## RIL Shares Open Higher
Reliance Industries shares opened at ₹1,212 and hit ₹1,234.30 intraday high.
## Jio Platforms IPO Subscription Opens
Jio Platforms IPO subscription opens today with RIL holding two-thirds stake in Jio Platforms.
## Expected Share Value Addition
Experts predict ₹350-500 per share value addition for RIL shares from Jio Platforms IPO.
## Short-Term Share Gain
Jio Platforms IPO listing price expected at ₹1,350-1,400, adding ₹250-300 per share to RIL.
## Long-Term Share Projection
RIL shares expected to reach ₹1,550-1,700 by end of FY27 depending on market conditions.
## Market Analyst View
Avinash Gorakshkar says RIL's two-thirds stake in Jio Platforms will drive share price gains.
## Value Unlock Potential
Market expects value unlock from Jio Platforms IPO to boost RIL shares by ₹350-500 per share.
## Buy-on-Dips Strategy
Analysts recommend 'buy-on-dips' strategy for RIL shares as they may touch ₹1,700 by FY27.
## Key takeaway

Reliance Industries shares rose to ₹1,234.30 after Jio Platforms IPO subscription opened, with experts predicting a ₹350-500 per share gain by FY27.