CONNECT WITH US
Fintech

Fintech

Jio Platforms IPO: Ten things to know before you invest

ET BFSI Fintech logo

Published on

Add as a preferred source on Google
Jio Platforms IPO: Ten things to know before you invest

The IPO comes against the backdrop of a business that combines large scale connectivity with proprietary technology and a growing digital services operation.

Jio Platforms is positioning its proposed public offering, which opens today, around its dominant position in India's digital connectivity market, a large and growing broadband base, proprietary technology and an expanding portfolio of digital services. The company, promoted by Reliance Industries , served 533.3 million customers as of June 30, 2026, including 503.6 million mobile broadband customers , while its network carried about 60% of India's wireless data traffic in Fiscal 2026. The company combines mobile, fixed broadband and digital services on a unified platform and is transitioning towards an AI native digital services model built on a technology stack developed primarily in house. Its standalone revenue, broadly representing its digital services layer, rose from Rs75,706 million in Fiscal 2024 to Rs161,667 million in Fiscal 2026, while overall revenue from operations increased at a 15.79% CAGR over the same period, according to a report by Motilal Oswal Financial Services . Massive customer base Advt

6 million mobile broadband users. It added about 27 million net active mobility customers in Fiscal 2026, roughly three times the additions of the second placed operator, according to the report. 8 MHz. Data consumption continues to rise Jio's network carried about 60% of India's wireless data traffic in Fiscal 2026. 4 billion GB in Fiscal 2026. 3 GB over the same period, providing a larger base for the company's connectivity and digital services.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.