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JIO IPO News: JIOUSDT Goes Live and Crypto Traders Are Watching

JIO IPO News: Bitget Opens Crypto Bets on Jio Before ₹1,119 IPO As of October 16, 2026, JIO IPO News carries a crypto twist that stands out in crypto news today. PerBitget’s announcement, the

AnonymousCryptoCompass newsroom
October 16, 2026
3 min read
NEWS
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JIO IPO News: Bitget Opens Crypto Bets on Jio Before ₹1,119 IPO

As of October 16, 2026, JIO IPO News carries a crypto twist that stands out in crypto news today. 

PerBitget’s announcement, the exchange listed JIOUSDT perpetual futures on October 14, 2026, offering pre-IPO futures before the Platforms reaches BSE and NSE.

What Is the Jio Platforms IPO Price Band?

The company’sofficial X post sets the IPO price band 1065 to 1119 per share, meaning ₹1,065 at the floor and ₹1,119 at the cap. 

It also points readers to the Jio IPO red herring prospectus dated October 14, 2026.Reliance Jio official tweet

What Is the Jio IPO Opening Date and Subscription Date?

Event

Date

Anchor investor bidding

Monday, October 19, 2026

Bid opens

Wednesday, October 21, 2026

Bid closes

Friday, October 23, 2026

UPI mandate cut-off

7:00 p.m. IST, October 23

The Jio IPO opens 21 October 2026, and the Jio IPO closes 23 October 2026, according to theprospectus filed with SEBI. 

Every Jio IPO date above comes from that document, so the subscription date window ends October 23. This JIO IPO News window is short.

What Does the Reliance Jio IPO Fund?

  • A fresh issue of up to 270,000,000 equity shares, with no offer for sale.

  • Proceeds go toward prepaying borrowings of subsidiary Reliance Infocomm and general corporate purposes.

  • The subsidiary served 533.3 million customers on June 30, 2026.

  • Reliance Industries holds 66.43% before the issue.

What is Jio Pre-IPO Perpetual Futures?

Pre-IPO perpetual futures are derivatives that track the expected value of an unlisted company, settle in USDT and never expire. Holders do not own shares.

Parameter

Bitget JIOUSDT

Settlement asset

USDT

Maximum leverage

20x

Trading hours

24/7

Funding settlement

Every 8 hours

Estimated shares

9.21 billion

Bitget calls the share estimate a reference only, so Bitget JIOUSDT pre-IPO futures carry no ownership claim. The JIO IPO News from is a derivatives launch, not a share sale.

Is This the First Indian Pre-IPO Perp Contract?

Bitinning also covered this news inits tweet on X, describing a First Indian company pre-IPO perp contract on a global crypto exchange. bitinning official tweet

The post adds that the Jio IPO on crypto exchange venues lets traders speculate on valuation, not own shares.

What Is the Jio IPO Valuation Behind the $106 Billion Target?

Reuters reported on October 9, 2026, citing sources, that the company targets nearly $106 billion. That Jio IPO $106 billion valuation figure is Reuters’ sourcing, not a prospectus number. 

JIOUSDT Price Today: Bitget Snapshot

As of October 16, 2026,Bitget’s JIOUSDT page listed the contract near 11.899 USDT. Because the Jio IPO market never closes, the live figure may already be different when you read this.JIO IPO Price Today

Expert View: What Could Jio IPO Crypto Trading Mean?

Analysts followingcrypto news may read the Jio IPO crypto link as a test of whether large listings attract 24/7 offshore speculation. The perp could diverge from the final issue price, and leverage can magnify losses.

For IPO latest news, watch the October 19 anchor round and the final price. Readers tracking JIO IPO News should treat any price impact as uncertain.

Disclaimer: This article is for information only and is not financial, legal, or investment advice. Crypto derivatives are volatile, and you can lose money. Verify details with official sources before making any decision.