Jio Platforms Ltd. IPO Details
Jio Platforms was incorporated on November 15, 2019. The company is a technology platform that provides digital connectivity and digital services through a proprietary nationwide network. With a large customer base and an integrated ecosystem spanning mobile, broadband, and digital solutions, it serves as a key gateway for internet access, digital services, and emerging technologies in India
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 270.0 M | - | - | ₹400,000.0 M | DRHP DOC |
Jio Platforms issue details
Jio Platforms has 270.0 M shares on offer
Jio Platforms IPO issue size is ₹ 400,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Jio Platforms IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Jio Platforms NUMBER OF SHARES ON OFFER
Jio Platforms FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 146,885.3 | 30,049.1 | 77,556.3 | 43,372.0 | 51.9% |
| FY25 | 128,218.4 | 26,109.0 | 68,155.7 | 23,887.7 | 50.1% |
| FY24 | 109,558.1 | 21,423.2 | 57,661.6 | 4,152.0 | 50.2% |
Jio Platforms INFORMATION ON IPO ISSUE
About Jio Platforms
Jio Platforms was incorporated on November 15, 2019. The company is a technology platform that provides digital connectivity and digital services through a proprietary nationwide network. With a large customer base and an integrated ecosystem spanning mobile, broadband, and digital solutions, it serves as a key gateway for internet access, digital services, and emerging technologies in India
Object of the Issue
- Prepayment, in full or in part, of certain outstanding borrowings availed by the material subsidiary, namely, RJIL
- General corporate purposes
Jio Platforms - PROMOTERS
| Name |
|---|
| Reliance Industries Limited |
Jio Platforms - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Mukesh Dhirubhai Ambani | Chairman & Non-Executive Director |
| Manoj Harjivandas Modi | Non-Executive Director |
| Akash Mukesh Ambani | Managing Director |
| Isha Mukesh Ambani | Non-Executive Director |
| Anant Mukesh Ambani | Non-Executive Director |
| Raminder Singh Gujral | Independent Director |
| Shumeet Banerji | Independent Director |
| Haigreve Khaitan | Independent Director |
| Dinesh Hasmukhrai Kanabar | Independent Director |
| Zia Jaydev Mody | Independent Director |
Jio Platforms Book Running Lead Manager
Kotak Mahindra Capital Company Limited
jio.ipo@kotak.com
Morgan Stanley India Company Private Limited
jpl_ipo@morganstanley.com
BofA Securities India Limited
dg.jpl_ipo@bofa.com
Axis Capital Limited
jio.ipo@axiscap.in
BNP Paribas
LIST.CIB.JioIPO@asia.bnpparibas.com
Citigroup Global Markets India Private Limited
jio.ipo@citi.com
CLSA India Private Limited
jio.ipo@clsa.com
DAM Capital Advisors Limited
jio.ipo@damcapital.in
Goldman Sachs (India) Securities Private Limited
jioipo@gs.com
HDFC Bank Limited
jioplatforms.ipo@hdfc.bank.in
HSBC Securities and Capital Markets (India) Private Limited
jplipo@hsbc.co.in
ICICI Securities Limited
jioplatforms.ipo@icicisecurities.com
IIFL Capital Services Limited
jio.ipo@iiflcap.com
Jefferies India Private Limited
Jio.Platforms.IPO@jefferies.com
JM Financial Limited
jpl.ipo@jmfl.com
J.P. Morgan India Private Limited
JIO_IPO@jpmorgan.com
SBI Capital Markets Limited
jio.ipo@sbicaps.com
UBS Securities India Private Limited
OL-jioipo@ubs.com
360 ONE WAM Limited
jioplatforms.ipo@360.one
Jio Platforms Registrar to the Offer
KFin Technologies Limited
jioplatforms.ipo@kfintech.com
Jio Platforms Strengths
The nation scale, digital gateway to India
The company leverages its extensive digital connectivity network, large customer base, and integrated ecosystem to deliver proprietary and third-party digital services across India. Its platform-driven model enhances customer engagement, supports cross-selling opportunities, and enables strategic partnerships with global and domestic technology providers to offer innovative digital solutions
Extensive network infrastructure
The company operates one of India’s largest and most advanced digital connectivity networks, supported by extensive spectrum holdings, a nationwide tower and fibre infrastructure, and future-ready 4G and 5G technologies. Its scalable, high-capacity network provides broad population coverage, low-latency connectivity, and cost-efficient data delivery, enabling a wide range of digital and emerging technology applications
Engineering capabilities
The company has developed a vertically integrated technology ecosystem spanning network infrastructure, devices, software, operating systems, and digital applications. Supported by a large in-house technology workforce and a strong intellectual property portfolio, it continues to invest in advanced technologies such as 6G, AI, and cloud-native platforms, creating opportunities for innovation, operational efficiency, and future revenue growth
Jio Platforms Risks
Cybersecurity risks
The company’s operations rely heavily on secure technology systems, networks, and data infrastructure, making it vulnerable to cybersecurity threats, data breaches, and privacy incidents. Any successful cyberattack, system compromise, or unauthorized access could disrupt operations, damage its reputation, increase costs, and adversely affect its business and financial performance
Regulatory risks
The company operates in a highly regulated telecommunications industry and is subject to extensive oversight by regulatory authorities regarding licensing, spectrum usage, network operations, and customer protection. Any failure to comply with applicable laws, regulations, licence conditions, or evolving regulatory requirements could result in penalties, financial disincentives, licence-related actions, increased compliance costs, and adverse effects on its business and financial performance
Expansion risks
The company’s growth strategy includes expanding into new business lines, launching new digital services, enhancing existing offerings, and pursuing opportunities in domestic and international markets. These initiatives require significant investments and may involve uncertainties relating to customer adoption, market acceptance, pricing, execution, and competitive dynamics. Any inability to successfully develop, commercialize, or scale such offerings could adversely affect its business, financial condition, results of operations, and growth prospects
IPO FAQs
The promoter of the company is Reliance Industries Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.