# Reliance Jio IPO Sets Fastest Subscription Record

> Reliance Jio IPO achieves India's fastest full subscription in 100 minutes, setting new market records.
- Title: Reliance Jio IPO Sets Fastest Subscription Record · mint
- Summary: Reliance Jio IPO achieves India's fastest full subscription in 100 minutes, setting new market records. Reliance Jio Platforms' IPO became India's fastest…
- Keywords: reliance jio, ipo, jio platforms, bse, qib, listing, gmp, money, business, Reliance, Jio, Sets
- Source: mint — https://livemint.com/market/ipo/reliance-jio-ipo-creates-history-with-record-of-fastest-ever-subscribed-offer-will-listing-create-more-records-latest-11792572666968.html
- Author: Sharmila Bhadoria
- Published: 2026-10-21T09:00:12+00:00
- Read time: 1 min
- Topics: reliance jio, ipo, jio platforms, bse, qib, listing, gmp, money, business
## Jio IPO Subscription Record
Jio Platforms Limited's ₹ 30,213 crore IPO became India's fastest-ever fully subscribed public offering, reaching full subscription within 100 minutes of opening on October 21, 2026.
## QIBs Drive Initial Subscription
Qualified institutional buyers (QIBs) crossed full subscription in the first 10 minutes, reaching almost 2x in under 30 minutes, according to BSE data.
## Subscription Breakdown
The QIB portion crossed 2.86 times, while the overall issue was subscribed 0.83 times within the first 100 minutes of opening.
## GMP and Listing Expectations
Jio IPO's grey market premium (GMP) stood at ₹ 250 per share, indicating an expected listing price of ₹ 1369 with a 22.34% gain from the upper price band.
## Expert Commentary
Siddharth Maurya noted strong subscription indicates institutional faith in Jio's market presence, telecom operations, and digital growth story.
## Brokerage Recommendation
Motilal Oswal Financial Services recommends subscribing for both listing gains and long-term investment in Jio Platforms.
## Key takeaway

Reliance Jio Platforms' IPO became India's fastest fully subscribed public offering within 100 minutes of opening on October 21, 2026.