IPO jargon can overwhelm beginners. Use the Jio IPO as a working example.

The terms

1. DRHP (draft red herring prospectus): the draft offer document filed with SEBI. Jio's was filed on June 19, 2026.
2. RHP (red herring prospectus): the near-final document issued before the IPO opens.
3. Fresh issue: new shares issued, with money going to the company. Jio's issue is fully fresh.
4. OFS (offer for sale): existing shareholders sell. Jio has none.
5. Price band: the range for bidding.
6. Lot: the minimum bid size, 12 shares for Jio.
7. Anchor investors: large institutions bidding a day before opening.
8. QIB, NII, retail: investor categories.
9. Subscription: how many times bids exceeded shares offered.
10. GMP: unofficial grey market premium.
11. Allotment: the process that decides who gets shares.
12. Listing: the first day of trading on exchanges.
13. Registrar: the agency that handles allotment, here KFin Technologies.

Why these terms matter

They shape what you can know and when. For example, a fresh issue adds money to the company, while an OFS does not.

Where to learn more

SEBI and the exchanges publish investor education material, and TWSS covers fundamentals in its Value Investing course.

Main post: Jio IPO 2026.

This blog is for information only and is not investment advice. Please consult a SEBI registered advisor before investing.