Jio IPO: The key debate going into the JPL IPO is its potential impact on Bharti, as there could be a shift in telecom sector allocations with another large listed investable option.
Jio Platforms Ltd. is likely to seek a valuation of about ₹11 trillion ($114 billion) in its planned initial public offering.
Jio has finished gauging demand for the offering and is likely to begin meetings with potential investors this week to discuss valuation and pricing
The country's biggest listing to date is Hyundai Motor India's $2.9 billion listing in 2024, while the National Stock Exchange of India made its market debut last month after a $2.3 billion IPO
Digital services major Jio Platforms is likely to get listed by the end of this month at an enterprise valuation of USD 143-146 billion or above Rs 12 lakh crore, sources tracking the development said. Jio Platforms IPO is touted as India's largest public offer at an estimated size of USD 3.8 billion. The company has concluded overseas roadshows and is expected to file final papers with market regulator SEBI for the initial public offering in the week starting October 12, banking and other sources who did not wish to be identified told PTI. "Based on interest received from overseas roadshows, Jio Platforms is likely to list at a base enterprise valuation of USD 143-146 billion or at least Rs 12 lakh crore by end of this month," one of the banking sources said. An email sent to Jio Platforms (JPL) seeking comments based on available information did not elicit any reply. The overseas roadshows held in the US, UK, Dubai, Hong Kong and Singapore were led by Jio Platforms Managing Dire
The pipeline includes several large-ticket offerings that could keep the primary market busy in H2FY27, including Jio Platform and OYO
The offer-for-sale, which does not include any fresh capital being raised, will value NSE at close to $46 billion, which would make it the country's third-largest IPO
Jio Platforms filed draft documents for the offering on June 19 and received approval from the Securities and Exchange Board of India on Aug. 28
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Jio Platforms' IPO will comprise a fresh issue of up to 270 million shares with a face value of ₹10 each, with the price to be set through book-building
IPOs raised about ₹18,349 crore in July and ₹26,302 crore in August through August 26, together accounting for nearly 96 per cent of the FY27 fundraising so far.
Thus far in the calendar year 2026, RIL underperformed the market by falling 16 per cent, as compared to 8.7 per cent decline in the BSE Sensex.
Jio Platforms has replaced Kiran Thomas as chief executive officer with Pankaj Pawar ahead of its planned initial public offering, according to the company's draft IPO papers. The draft papers, submitted to capital markets regulator Sebi in June, mentioned that Thomas resigned as CEO on March 23, with Pawar taking charge the following day, March 24. Pawar, 53, also serves as managing director of Reliance Jio Infocomm Ltd. "Pankaj Mohan Pawar, aged 53 years, is the Chief Executive Officer of the Company and also serves as the managing director of Reliance Jio Infocomm Limited. He has been associated with the Reliance Group since 2000, and has close to three decades of experience in building and scaling large consumer and digital services businesses," the draft IPO papers said. Thomas, who previously served as president of Reliance Industries, does not feature among Jio Platforms' key managerial personnel in the draft prospectus, even though he has been visible in each presentation o
Reliance Industries reportedly worked behind the scenes to overcome regulatory hurdles, secure investor backing and structure Jio Platforms' proposed stock market debut
Retail investors, said G Chokkalingam, founder and head of research at Equinomics Research, must look at company's valuation relative to listed peers, outlook for the sector before investing.
While global capital chased the AI semiconductor booms in Taipei and Seoul, tripling Korean stocks and doubling Taiwanese equities, the benchmark Indian index hasn't gone anywhere in the past 2 years
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Ajit Mishra of Religare Broking believes that the recent pullback in RIL stock is showing signs of recovery, and adds that a breakout above ₹1,380 could signal a trend reversal.
Jio Platforms' proposed listing could sharpen investor scrutiny of India's telecom sector, with focus shifting to tariff hikes, satellite broadband and AI-native services