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Jio IPO Set to Launch: How Jio Revolutionized India Digital Landscape in 10 Years
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News18•14-10-2026, 14:12
Jio IPO Set to Launch: How Jio Revolutionized India Digital Landscape in 10 Years
- •Jio Platforms is set to launch India largest IPO, estimated to be over ₹30,000 crore, generating massive investor craze.
- •The company has already received investment offers worth $20 billion from global investors ahead of the market listing.
- •Data costs have plummeted by 97 percent since 2016, dropping from ₹228 per GB to just ₹7.90 today.
- •Total internet users in India have tripled from 340 million in 2016 to over 1.1 billion today.
Key Questions Answered
The size of Jio's IPO is estimated to be more than ₹30,000 crore, making it the country's largest IPO. The public subscription is expected to open on October 21 and close on October 23, with anchor investors bidding on October 19 and share listing anticipated around October 28, 2026.
Before 2016, the price of one GB of data in India was around ₹228, but it has dropped by 97% to ₹7.90. Consequently, average monthly per capita data consumption has surged from 0.2 GB to 25.7 GB, while Jio users average 42.3 GB.
Total internet users in India have tripled from 340 million in 2016 to over 1.1 billion today. Additionally, the average download speed has increased from 6 Mbps to 107 Mbps, driven by a massive expansion of 4G and 5G user bases.
