Jio Platforms IPO: Key Things Every Investor Must Know

Jio Platforms IPO: 10 Things Investors Should Know Before Subscribing Issue Size: ₹30,213 crore. Issue Open: October 21 - 23, 2026, Price band - ₹1,065–₹1,119 per share. What Investors Need to Know 1. IPO size: The company plans to raise ₹30,213 crore through a fresh issue of up to 27 crore shares, with no offer-for-sale component. 2. Revenue growth: Revenue from operations increased from ₹1.10 lakh crore in FY24 to ₹1.47 lakh crore in FY26. 3. Profitability: FY26 net profit reached ₹30,064 crore, compared with ₹21,422 crore in FY24. 4. Operating margins: EBITDA margin improved to 50% in FY26, highlighting the profitability of its integrated digital and telecom ecosystem. 5. Subscriber base: Reliance Jio had 533.3 million customers as of June 30, 2026. 6. Rising ARPU: Average revenue per user increased from ₹181.7 per month in FY24 to ₹214 in FY26, reaching ₹215.6 in Q1 FY27. 7. 5G leadership: Jio had 284.9 million 5G subscribers in Q1 FY27. 8. Spectrum advantage: The company held 26,800.8 MHz of spectrum as of June 2026, supporting nationwide connectivity and future capacity expansion. 9. Technology investments: Jio is investing in AI, cloud computing, satellite broadband, proprietary technology and 6G research. 10. Valuation and risks: Investors must assess the IPO valuation against future earnings growth, capital requirements, regulatory exposure and competition. My View Jio Platforms offers exposure to India's digital economy through telecom connectivity, digital services, enterprise technology and emerging AI opportunities. Its large customer base, improving ARPU and strong operating margins are important competitive advantages. However, a strong business does not automatically make an IPO attractive at every valuation. Investors should evaluate the implied market capitalisation, earnings multiples, future capital expenditure and the company's ability to sustain growth.