Incorporated in 2019, Jio Platforms Limited is a technology-driven digital services company that operates through its subsidiary, Reliance Jio Infocomm Limited. The company provides digital connectivity and technology so…
Incorporated in 2019, Jio Platforms Limited is a technology-driven digital services company that operates through its subsidiary, Reliance Jio Infocomm Limited. The company provides digital connectivity and technology solutions across India, serving over 524 million customers as of March 31, 2026.The company has developed a proprietary technology stack with capabilities spanning network infrastructure, software platforms, operating systems, devices, and digital applications. Its services cater to both consumers and enterprises through a combination of digital platforms and a nationwide distribution network.For consumers, Jio Platforms offers mobile and fixed broadband connectivity, digital entertainment, gaming, cloud storage, smart home solutions, and AI-enabled digital services. Its ecosystem includes platforms such as MyJio, JioTV+, JioSaavn, JioGames, and JioAICloud.For businesses, the company provides enterprise connectivity, cloud solutions, IoT services, unified communications platforms, managed services, security solutions, and private 5G offerings. Its enterprise customer base includes organizations across banking, utilities, transportation, manufacturing, government, and information technology sectors.As of March 31, 2026, Jio Platforms and its subsidiaries had 28,163 full-time employees and a portfolio of patent applications covering digital connectivity, cloud-native networks, artificial intelligence, and related technologies.
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Jio Platforms Ltd IPO About the Company
Incorporated in 2019, Jio Platforms Limited is a technology-driven digital services company that operates through its subsidiary, Reliance Jio Infocomm Limited. The company provides digital connectivity and technology solutions across India, serving over 524 million customers as of March 31, 2026.The company has developed a proprietary technology stack with capabilities spanning network infrastructure, software platforms, operating systems, devices, and digital applications. Its services cater to both consumers and enterprises through a combination of digital platforms and a nationwide distribution network.For consumers, Jio Platforms offers mobile and fixed broadband connectivity, digital entertainment, gaming, cloud storage, smart home solutions, and AI-enabled digital services. Its ecosystem includes platforms such as MyJio, JioTV+, JioSaavn, JioGames, and JioAICloud.For businesses, the company provides enterprise connectivity, cloud solutions, IoT services, unified communications platforms, managed services, security solutions, and private 5G offerings. Its enterprise customer base includes organizations across banking, utilities, transportation, manufacturing, government, and information technology sectors.As of March 31, 2026, Jio Platforms and its subsidiaries had 28,163 full-time employees and a portfolio of patent applications covering digital connectivity, cloud-native networks, artificial intelligence, and related technologies.
Jio Platforms Ltd IPO Analysis
Pros
ROCE of 10.76% shows efficient capital usage.
PAT margin of 20.46%.
Cons
Detailed analysis available after listing.
Pros and cons are machine generated. Please exercise caution and do your own analysis.
Jio Platforms Ltd IPO Subscription Status
Consolidated figures
Metric
QIB
NII (HNI)
Retail
Total
Subscription
—
—
—
—
Shares
Not more than 50% of the Net Issue
Not less than 15% of the Net Issue
Not less than 35% of the Net Issue
—
Bids
—
—
—
—
▼ Category-wise Detailed Breakdown
Category
Subscription
Offered
Bid Shares
Amt (₹ Cr)
QIB
-
Not more than 50% of the Net Issue
—
₹0.01
NII (HNI)
-
Not less than 15% of the Net Issue
—
₹0.00
Retail
-
Not less than 35% of the Net Issue
—
₹0.00
Market Maker
1.00×
—
—
—
Total
-
100
—
₹0.01 Cr
Applications: -Total Bid Amount: ₹0.01 Cr
Jio Platforms Ltd IPO Profit & Loss
Figures in ₹ Crores / Amount in Rs Cr
Metric
31 Mar 2026
31 Mar 2025
31 Mar 2024
Revenue
149,759.10
129,333.00
110,175.40
EBITDA
76,255.40
64,170.00
54,958.70
Profit After Tax
30,052.70
26,120.30
21,434.00
Net Worth
334,013.40
304,022.40
277,866.10
Total Assets
615,594.00
581,233.80
539,580.40
Borrowings
70,781.00
73,060.30
54,348.90
Sales Growth
3 Years:
-26.4%
Latest:
110,175.40 Cr
Profit Growth
3 Years:
-28.7%
Latest PAT:
21,434.00 Cr
Jio Platforms Ltd IPO Key Financial Ratios
Profitability
ROCE10.76%
RONW9.42%
PAT Margin20.46%
EBITDA Margin51.91%
Valuation
Pre EPS33.62
Post EPS32.63
Leverage & Growth
Sales Growth (3yr)-26.4%
Profit Growth (3yr)-28.7%
Latest Revenue110,175.40 Cr
Latest PAT21,434.00 Cr
Jio Platforms Ltd IPO Objects of the Issue
1Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, namely, RJIL₹27,500.00 Cr
2General corporate purposes.
Jio Platforms Ltd IPO Schedule & Important Dates
IPO Open
2026-10-21
Upcoming
IPO Close
2026-10-23
Upcoming
Allotment
2026-10-26
Upcoming
Jio Platforms Ltd IPO Lot Size & Investment Details
Jio Platforms Ltd IPO Lead Managers & Market Makers
Book Running Lead Managers
Kotak Mahindra Capital Co.Ltd
Morgan Stanley India Co.Pvt.Ltd
BOFA Securities India Ltd.
Axis Capital Ltd
BNP Paribas
Citigroup Global Markets India Pvt.Ltd
CLSA India Pvt.Ltd
Dam Capital Advisors Ltd
Goldman Sachs (India) Securities Pvt.Ltd
HDFC Bank Ltd
HSBC Securities & Capital Markets (India) Pvt.Ltd
ICICI Securities Ltd.
IIFL Capital Services Ltd
Jefferies India Pvt.Ltd.
JM Financial Ltd
JP Morgan India Pvt.Ltd.
SBI Capital Markets Ltd.
UBS Securities India Pvt.Ltd
360 One WAM Ltd.