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Jio Platforms IPO: Beyond Telecom Into Tech Giant
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CNBC TV18•13-10-2026, 06:27
Jio Platforms IPO: Beyond Telecom Into Tech Giant
- •Jio Platforms positions itself as a comprehensive technology platform rather than just a telecom operator in its IPO filing.
- •The company is built on four in-house layers consisting of its network, devices, operating systems, and a suite of popular apps.
- •Jio serves over 524 million mobility subscribers and operates the world's largest fixed wireless service with JioAirFiber.
- •Its enterprise network powers a major share of India's state electricity discoms, airport operations, and banking sector.
- •Financial growth shows revenue reaching Rs 1.47 lakh crore and profits nearing Rs 30,000 crore ahead of the mega IPO.
Key Questions Answered
Jio Platforms is targeting an October 21-23 window for its proposed initial public offering, with the anchor book expected to open on October 19 and shares likely to list on October 28.
Jio Platforms plans to use ₹27,500 crore of the net proceeds from the IPO to fully or partially prepay certain borrowings of its material subsidiary, Reliance Jio Infocomm, while the remaining funds will support general corporate purposes.
Jio Platforms is built on four in-house layers consisting of its network infrastructure and 5G stack, connected devices like JioBharat phones and set-top boxes, proprietary operating systems, and a diverse range of digital apps.
