Jio Platforms IPO
Open Date
21 Oct 2026
Close Date
23 Oct 2026
Open Date
21 Oct 2026
Close Date
23 Oct 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
2019
CEO
Mr. Anant Mukesh Ambani
Financials of Jio Platforms IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | 1,09,558.10 | 1,28,218.40 | 1,46,885.30 |
| Other Income | 617.30 | 1,114.60 | 2,873.80 |
Total Income | 1,10,175.40 | 1,29,333.00 | 1,49,759.10 |
Total Expenses | 81,367.40 | 94,205.70 | 1,09,406.00 |
| Profit Before Tax | 28,808.00 | 35,127.30 | 40,353.10 |
Total Profit | 21,423.20 | 26,109.00 | 30,049.10 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| An aggregate amount from the Net Proceeds is proposed to be utilized towards prepayment, in full or in part, of the principal amount outstanding of certain borrowings (including ECBs) availed by RJIL, aimed at reducing Net Debt, servicing costs, improving Net Leverage, and NAV of Equity Shares, while positioning the company for continued investment in 5G, fixed broadband, AI, cloud, and enterprise digital services. | 27,500 |
| The company intends to deploy a portion of the Net Proceeds towards general corporate purposes including strategic initiatives, funding organic and inorganic growth opportunities, payment of deferred payment liability, strengthening marketing capabilities, capital expenditure, funding working capital requirements, and meeting ongoing general corporate purposes or contingencies. | - |

- Technology Company with Full-Stack Proprietary Capabilities: The company operates a vertically integrated proprietary technology stack with 12,477 full-time employees (~45% of workforce) in digital products and technology development, and has filed 7,220 patents across 4G, 5G, 6G, and AI-driven network automation, ranking among the top 20 globally in WIPO PCT rankings in 2025.
- End-to-End 5G Technology Stack: The company is the only digital connectivity provider globally with an end-to-end proprietary 5G SA technology stack deployed at nationwide scale, helping India become only the fifth country globally to possess such indigenous 5G capability, as per the Analysys Mason Report.
- Proprietary UBR Technology for Fixed Wireless Access: The company has developed proprietary point-to-multi-point UBR technology, making it the first company in India to offer fixed wireless access through UBR, enabling up to 1 Gbps bandwidth; JioAirFiber scaled to 14.0 million customers as of June 30, 2026.
- Transforming Digital Connectivity and Services in India: The company holds ~49.78% wireless broadband market share with 533.3 million customers as of June 30, 2026, carrying ~60% of India's wireless data traffic in Fiscal 2026, and operating the second largest VoLTE network globally as of March 31, 2026.
- Highly Engaged and Diversified Customer Base: The company serves 533.3 million customers with 362.6 million average MAUs across its application family for the three months ended June 30, 2026, with ~43% of mobility customers aged 18–35 and ~46% of data consumption from rural areas.
- Nation-Scale Digital Gateway to India: The company's pan-India phygital ecosystem, covering 99%+ of India's population for wireless broadband, enables distribution of proprietary and third-party digital services, with 198.7 million viewers accessing IPL 2026 content through integrated JioHotstar connectivity packages.
- Multiple Self-Reinforcing Flywheels: The company benefits from technology, data, and distribution flywheels — with 43.7 GB average monthly data usage per customer (Q1 FY2027) — enabling improved monetisation, better product design, and a preferred gateway positioning for global and Indian digital service partners.
- Promoter Pedigree and Group Synergies: The company is backed by Reliance Industries Limited, India's largest private sector company by market capitalisation as of June 30, 2026, leveraging Reliance Retail Limited as its sole pre-paid connectivity distributor and benefiting from group-wide consumer reach across retail, media, and entertainment.
- 'Jio' — A Strong and Trusted Brand: The 'Jio' brand is a household name across India, associated with reliability, innovation, and value, and is used across multiple consumer-facing offerings including JioMart, AJIO, JioHotstar, and Jio-bp, reinforcing brand salience and customer loyalty across sectors.
- Future-Ready Network Infrastructure with Pan-India Reach: The company has access to 360,537 network towers, ~5.7 million cells, and over 1.0 million route kilometres of fibre (the largest among private providers in India), with spectrum holdings of 26,800.8 MHz — the highest among all Indian operators — covering 99%+ of India's population.

