Stories
Jio Platforms IPO to hit stock market soon to raise around Rs 30200 crore
N
News18•13-10-2026, 21:02
Jio Platforms IPO to hit stock market soon to raise around Rs 30200 crore
- •Reliance Industries digital services arm Jio Platforms is preparing to launch its much-awaited IPO to raise approximately Rs 30,200 crore.
- •The proposed IPO will issue a maximum of 27 crore new equity shares with no Offer for Sale by existing shareholders.
- •The primary objective of the fund raising is to fully or partially repay the borrowings of its key subsidiary Reliance Jio Infocomm Limited.
- •Jio Platforms reported an operational revenue of Rs 146885 crore and a net profit of Rs 30049 crore for the financial year 2025-26.
- •The company customer base reached 53.33 crore by June 2026, which includes 28.5 crore 5G users and an ARPU of Rs 215.6.
Key Questions Answered
According to reports, the Jio Platforms IPO is expected to open for subscription on October 21 and close on October 23, with the anchor book opening on October 19 and a potential stock market listing on October 28.
Jio Platforms is preparing to raise approximately Rs 30,200 crore by issuing a maximum of 27 crore new equity shares through the proposed public offering.
The primary use of the funds raised will be to fully or partially repay certain borrowings of its key subsidiary, Reliance Jio Infocomm Limited, with up to Rs 27,500 crore allocated for debt repayment and the remaining used for general corporate purposes.
