Stories
Enam Group Co-Founder Vallabh Bhanshali Calls Jio IPO A Safe And Lucrative Long-Term Bet
M
Moneycontrol•19-10-2026, 15:02
Enam Group Co-Founder Vallabh Bhanshali Calls Jio IPO A Safe And Lucrative Long-Term Bet
- •Enam Group Co-Founder Vallabh Bhanshali described the upcoming Jio Platforms IPO as a safe investment and an exciting long-term bet for investors.
- •Bhanshali noted that the Rs 30,000-crore IPO size is relatively small when compared to the massive market capitalisation of the company.
- •He highlighted that Jio has already completed its heavy capital expenditure, meaning future cash flows will be free with a current capacity utilisation of only about 35 percent.
- •Jio has evolved into a comprehensive platform spanning telecommunications, entertainment, news, and technology, comparing its ecosystem model to Amazon.
- •The Jio Platforms anchor book has attracted unprecedented institutional demand exceeding 30 times its size, drawing interest from top global asset managers and sovereign wealth funds.
Key Questions Answered
Jio Platforms is launching an IPO valued at approximately Rs 30,000 crore, which experts consider relatively small compared to the immense overall size and market capitalization of the company.
The Rs 8,110-crore anchor book attracted over 30 times demand from global asset managers like BlackRock, Fidelity, and Capital Group, alongside sovereign wealth funds including Singapore's GIC, ADIA, QIA, and Norway's Norges Bank.
Vallabh Bhanshali described Jio as a safe, long-term investment opportunity and a platform company spanning telecommunications, entertainment, and news, comparing its multifaceted capabilities to Amazon.
