Jio Platforms' IPO momentum stems from completed overseas roadshows led by Akash and Isha Ambani, which have generated strong institutional interest supporting an enterprise valuation near $143-146 billion. The company plans to file its final red herring prospectus with SEBI shortly after October 12, with the anchor book opening around October 19 and the public issue of up to 27 crore fresh shares expected to open October 21 before listing on October 28. Proceeds will primarily prepay roughly ₹27,500 crore in Reliance Jio Infocomm borrowings, while the fresh-issue structure aligns with updated SEBI dilution rules for large listings. Competitive positioning in India's telecom and broadband market, combined with robust FY26 revenue and EBITDA margins, underpins trader confidence in a timely execution before month-end.