Reliance’s Jio Platforms IPO allotment on Mon, Oct 26: What happens to your money if you get none, one or many lots?
Mint 1d ago·25 Oct 2026, 2:14 pm
Reliance Industries is set to finalize the allotment of its Jio Platforms IPO shares on Monday, October 26. This is a critical step for thousands of retail applicants who have been waiting to know if their investments have been accepted. The IPO was subscribed over 22 times, meaning demand far exceeded supply, which makes the chances of getting a full allotment lower for many investors.
For those who are not allotted shares, the money blocked in their bank accounts will be released back. Conversely, successful applicants will see the funds debited from their accounts. If you receive a single lot of 12 shares, the total cost will be approximately ₹13,428 at the upper price band. The shares are expected to be credited to demat accounts by October 29.
Investors should keep an eye on their bank statements for the refund process. The listing of the shares on the stock exchanges is scheduled for October 28, which will determine the market price. It is important to note that the IPO is fully subscribed, so the final outcome depends on the finalization of the share distribution process.
Excerpt from Mint
Jio Platforms’ IPO was subscribed more than 22 times, making allotment uncertain, especially for investors seeking multiple lots. Applicants allotted no shares will have their blocked funds released; those allotted one 12-share lot will be charged ₹ 13,428 at the upper price band. Jio IPO allotment on October 26: Jio…Read the original at Mint
Key takeaways
- Category: IPO.
- Flagged as a high-impact, market-moving story.
Why it matters
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