Jio Platforms IPO: Price, Issue Details & Research Report
Comprehensive IPO analysis, issue details, financial performance and company overview for Jio Platforms Ltd.
Jio Platforms is a technology platform built on proprietary digital technology and pan-India digital connectivity, serving 524.4 million customers as of March 31, 2026. Its integrated mobile, fixed broadband and digital services create a comprehensive digital gateway for India.
The company operates a fully integrated digital platform built on indigenous, end-to-end technology solutions spanning 5G Radio, 5G Core, cloud-native software architecture, JioAICloud, smart-home IoT and enterprise AI platforms. Its ecosystem is backed by global technology leaders and investors, including Google, Meta Platforms, Silver Lake, KKR and ADIA.
Revenue grew at a 15.8% CAGR over FY24–FY26 to ₹1,46,885 crore, driven by customer additions, rising ARPU and higher data consumption. Jio added 36.2 million net customers in FY26, reflecting continued growth in its subscriber base.
EBITDA expanded to ₹76,255 crore, with margins improving to 51.9%. PAT increased 15.1% YoY to ₹30,049 crore, while net leverage declined from 0.88x in FY24 to 0.36x in FY26, reflecting strong cash generation and a focus on deleveraging.
Jio Platforms holds the #1 position in mobile broadband, with approximately 1.4× the subscriber base of the second-largest player, and in fixed broadband, at approximately 1.9× the second-largest player. Its network carried around 60% of India's wireless data traffic in FY26, with wireless broadband coverage extending to more than 99% of the population.
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The Jio Platforms IPO report covers the company overview and business model, issue details, financial performance, industry position, key strengths, risks, valuation and our research recommendation, so you can assess the IPO in one place.
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