Jio Platforms IPO: Issue Size, Financial Results, Business Model and Key Details

Jio Platforms IPO: Jio Platforms Limited is preparing for a proposed initial public offering (IPO) of 27 crore equity shares. According to the available IPO details, the issue will consist entirely of a fresh issue of shares.

The IPO opening date, price band, lot size and final issue value have not yet been announced in the provided details. The company is promoted by Reliance Industries Limited.

Jio Platforms IPO: Key Details

Particulars	Details
Company	Jio Platforms Limited
IPO type	Bookbuilding IPO
Total issue	27 crore shares
Fresh issue	27 crore shares
Offer for Sale	None
Face value	₹10 per share
Price band	To be announced
IPO dates	To be announced
Proposed listing	BSE and NSE
Promoter	Reliance Industries Limited
Registrar	KFin Technologies Limited
Lead manager	Kotak Mahindra Capital Co. Ltd.

About Jio Platforms Limited

Incorporated in 2019, Jio Platforms is a technology company offering digital connectivity and services across India. Through its subsidiary, Reliance Jio Infocomm Limited, it provides mobile connectivity, broadband and enterprise technology solutions.

As of March 31, 2026, the company reported more than 524 million customers.

Its digital ecosystem includes MyJio, JioTV+, JioSaavn, JioGames and JioAICloud. It also offers cloud services, Internet of Things (IoT) solutions, private 5G networks and enterprise connectivity.

Jio Platforms Financial Performance

Jio Platforms reported growth in revenue and profit in FY2026.

Financial Metric	FY2024	FY2025	FY2026
Total income	₹1,10,175.40 Cr	₹1,29,333.00 Cr	₹1,49,759.10 Cr
Profit after tax	₹21,434.00 Cr	₹26,120.30 Cr	₹30,052.70 Cr
EBITDA	₹54,958.70 Cr	₹64,170.00 Cr	₹76,255.40 Cr
Total assets	₹5,39,580.40 Cr	₹5,81,233.80 Cr	₹6,15,594.00 Cr
Total borrowings	₹54,348.90 Cr	₹73,060.30 Cr	₹70,781.00 Cr

Figures are in ₹ crore.

Jio Platforms IPO: Use of Proceeds

The company proposes to use ₹27,500 crore from the IPO proceeds to repay or prepay certain outstanding borrowings of Reliance Jio Infocomm Limited, its material subsidiary. The remaining proceeds are intended for general corporate purposes.

Jio Platforms IPO: Key Risks

• Competition: Telecom and digital services markets are highly competitive.
• Capital requirements: Network infrastructure and technology investments require significant spending.
• Debt exposure: Borrowings and repayment obligations may affect financial flexibility.
• Regulatory changes: Telecom and digital services regulations can influence operations.

Jio Platforms IPO: What Investors Should Know

Jio Platforms has a large customer base and reported rising income, profit and EBITDA between FY2024 and FY2026. However, investors should assess its valuation, debt, capital expenditure and future growth prospects before making an investment decision.

The final IPO price band, dates and issue value remain unannounced in the provided details.

Disclaimer: This article is for informational purposes only and is not investment advice. IPO details may change when official offer documents are updated.