jio platforms ipo IPO
· UpcomingMainboard IPO · Registrar: KFin Technologies Limited
GMP last updated: 13 Oct 2026, 1:13 pm
Current GMP
₹350
Estimated listing gain: ~30.4%
About jio platforms ipo
Jio Platforms Limited, a subsidiary of Reliance Industries Limited, is India's leading digital services company powering the country's telecom and digital revolution. It encompasses Reliance Jio Infocomm alongside an extensive suite of cutting-edge digital apps, cloud infrastructure, AI platforms, and enterprise solutions. Backed by marquee global investors like Meta and Google, Jio Platforms commands a dominant market share in India's high-growth digital ecosystem with unmatched competitive moats in subscriber reach and tech infrastructure.
| Price Band | ₹1100 – ₹1150 |
| Lot Size | 13 |
| Minimum Investment | ₹14,950 |
| Issue Details | Expected Issue Size: ~₹55,000 Cr - ₹65,000 Cr comprising a combination of Fresh Issue and Offer for Sale (OFS) by existing promoters and investors. |
| Open Date | 2026-11-10 |
| Close Date | 2026-11-14 |
| Allotment Date | 2026-11-17 |
| Listing Date | 2026-11-20 |
| Listing Exchanges | BSE, NSE |
| Registrar | KFin Technologies Limited |
| Lead Manager | Morgan Stanley India, JM Financial, Kotak Mahindra Capital, Citigroup Global Markets, Axis Capital |
| Quota Details | QIB: 50% | NII: 15% | Retail: 35% |
Financials
FY25 (Estimated): Revenue ~₹1,35,000 Cr, EBITDA ~₹58,000 Cr, Net Profit ~₹24,000 Cr. Robust ARPU growth driven by tariff adjustments and expanding 5G/FWA data adoption.
Subscription Status
Expected massive institutional and retail demand, likely to be one of the most subscribed mega-cap issues in Indian capital market history.
Fundamentals & Outlook
Short Term
bullish
Mid Term
bullish
Long Term
bullish
Our Analysis
Jio Platforms represents a cornerstone investment in India's structural digital consumption story, supported by unparalleled network scale, massive subscriber stickiness, and aggressive monetization of 5G and AI services. Key risks include intense regulatory scrutiny, high capital expenditure requirements for next-gen technologies, and macroeconomic headwinds impacting ARPU expansion. Overall, the company's supreme market dominance, strong free cash flow generation, and technological leadership warrant a strong long-term 'bullish' outlook for the upcoming mega public offering.
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