For the coming week, the primary market is set for a busy week despite a relatively quiet initial public offering (IPO) calendar due to the holiday-shortened trading week.
Two mainboard IPOs are scheduled to open for subscription, but investor attention is expected to remain on the much-anticipated Jio Platforms IPO.
The potential listing of Jio Platforms has emerged as one of the most closely watched developments in India’s primary market, given the company’s scale and presence across digital services, telecommunications and technology.
Investors will be keenly tracking updates on the proposed public issue, including its size, valuation and timeline, as the offering could become a major milestone for India’s IPO market.
Jio IPO:
The much-anticipated Reliance is scheduled to open for public subscription on Wednesday, October 21, with the company setting a price band of Rs 1,065 to Rs 1,119 per share.
The public issue will close on Friday, October 23. Based on the announced price range, the company expects to raise between Rs 28,755 crore and Rs 30,213 crore.
Jio IPO includes a reservation of shares worth up to Rs 500 crore for eligible employees of Jio Platforms, and also reserves shares worth up to Rs 2,500 crore for eligible Reliance Industries shareholders.
Paras Healthcare IPO:
Another mainboard IPO will be from Gurugram-based hospital chain Paras Healthcare. It will be following the same subscription schedule as Jio Platforms.
The company plans to raise Rs 1,450 crore at the upper end of its price band of Rs 660–693 per share, and the IPO comprises a fresh issue of shares worth Rs 500 crore and an offer for sale (OFS) of shares worth Rs 650 crore by promoter Dharminder Kumar Nagar and investor Commelina.
Notably, Paras Healthcare operates a chain of eight hospitals with a combined capacity of 2,211 beds as of June 2026 across North India, Bihar and Jharkhand. The company plans to use Rs 375 crore of the net proceeds from the fresh issue to repay debt, with the remaining funds earmarked for general corporate purposes.