October 29: Jio Platforms began trading on the National Stock Exchange on October 28 at ₹1,358, against an IPO issue price of ₹1,119. The exchange’s historical record puts the first-day closing price at ₹1,417.50, giving readers a concrete answer to the two most important listing questions: where the shares opened and where the official session ended.
Key highlights
- The NSE symbol is JPL; trading began on October 28, 2026.
- The opening price represented a 21.36% premium to the issue price.
- The official NSE close was ₹1,417.50, a 26.68% gain over the issue price.
- The last traded price, ₹1,419, is a separate field from the official close.
What the exchange confirmed
NSE circular NSE/CML/77117, dated October 27, admitted Jio Platforms to trading in the EQ series from the following day. It identifies the securities by ISIN INE0BJO01010 and sets a secondary-market trading lot of one share. The circular lists an issue price of ₹1,119 and face value of ₹10.
The listing date is now an event that has occurred, rather than an expected timetable. Investors looking up the company should use its exchange symbol and company name together, especially when search results mix application guides, allotment pages and subsequent trading reports.
The first trading day at a glance
| NSE measure, October 28 | Price per share |
|---|---|
| IPO issue price | ₹1,119.00 |
| Opening price | ₹1,358.00 |
| Session high | ₹1,423.90 |
| Session low | ₹1,357.00 |
| Last traded price (LTP) | ₹1,419.00 |
| Official closing price | ₹1,417.50 |
Our calculation: The opening premium was (1,358 − 1,119) ÷ 1,119 × 100 = 21.36%. The gain at the official close was (1,417.50 − 1,119) ÷ 1,119 × 100 = 26.68%. Both calculations exclude transaction charges and taxes.
Why ₹1,419 and ₹1,417.50 are different numbers
The exchange’s historical table reports both LTP and Close. LTP identifies the last executed trade recorded in that field; the closing price is the exchange’s official closing reference. Treating them as interchangeable produces a small but avoidable error in a first-day return calculation.
The opening premium is also different from a buyer’s actual return. An investor allotted shares at ₹1,119 and a person who bought at the ₹1,358 opening price have different starting costs. A headline gain measured from the IPO issue price is not the gain earned by everyone who traded on listing day.
Similarly, a quoted market price is not a guaranteed sale price for a particular order. Execution depends on the available buy orders, quantity and order conditions. These distinctions matter more than an unofficial pre-listing premium once exchange trading has started.
What to watch after listing
Subsequent exchange disclosures, financial results and trading records will provide the evidence for assessing the listed business over time. A strong opening session alone does not establish future earnings or a guaranteed investment return.
This report records the completed October 28 session. Readers checking a later session should use a live exchange quote and its timestamp rather than mistake yesterday’s closing price for the current market price.
Sources
- NSE: Jio Platforms quote and historical trade data
- NSE: Listing circular NSE/CML/77117, October 27, 2026 (ZIP)
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