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Vallabh Bhansali Shares Insights on Jio Platforms IPO and Market Trends
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Moneycontrol•19-10-2026, 17:32
Vallabh Bhansali Shares Insights on Jio Platforms IPO and Market Trends
- •Vallabh Bhansali stated that given the large size of Jio Platforms, a thirty thousand crore rupee IPO is only three to four percent of its total market capitalization.
- •Jio Platforms is fully capable of competing in the global market and has executed a rapid rollout of 5G technology.
- •The return of Foreign Institutional Investors is essential to drive market momentum, which requires major policy reforms by the government.
Key Questions Answered
The Jio Platforms IPO aims to raise ₹30,213 crore, making it India's largest-ever public offering. The price band has been set between ₹1,065 and ₹1,119 per equity share, with a lot size of 12 shares.
The initial public offering for Jio Platforms opens for public subscription on October 21, 2026, and closes on October 23, 2026. Bidding for anchor investors takes place on October 19, 2026.
Beyond its massive mobile connectivity and 5G network rollouts, Jio Platforms is expanding rapidly into home broadband, enterprise technology, cloud services, Internet of Things (IoT), and artificial intelligence (AI) solutions.
