India's Largest IPO

Own a piece of India's
digital backbone.

Jio Platforms — the digital arm of Reliance — is going public. 524 million customers, ₹1.47 lakh crore in revenue, now opening to public investors.

SEBI-compliant  ·  UPI ASBA  ·  DigiLocker KYC  ·  Aadhaar eSign

524.4M
Customers
₹1.47L Cr
FY26 Revenue
51.9%
EBITDA Margin
₹30,049 Cr
FY26 Net Profit

The Scale

The largest digital platform in India

One company powering mobile, broadband, cloud and AI for half a billion Indians — and still growing fast.

524.4M↑ 56.2M
Total customers FY26
₹214↑ 5.8%
ARPU / month
241.4EB
Annual data traffic
42.3GB
Data / user / month

The Numbers

Profitable, and compounding

Three straight years of double-digit growth — in revenue, profit and margins.

Revenue · ₹ crore13.8% CAGR
₹1,55L
FY24
₹1,73L
FY25
₹1,97L
FY26
Net profit · ₹ crore19.4% CAGR
₹21,423
FY24
₹26,100
FY25
₹30,049
FY26
₹76,255
FY26 EBITDA
₹77,556
Operating cash flow
0.36x
Net debt / EBITDA
9.4%
Return on net worth

Who Owns It

Backed by the world's best

Reliance-promoted, with Meta, Google and global sovereign & PE funds already invested.

66.4%Reliance
Reliance Industries66.4%
Global funds (PP, KKR, Silver Lake…)14.1%
Google7.23%
Meta (JioDhs)0.84%
Other shareholders1.10%

The Offer

IPO snapshot

Issue type100% fresh issue
Fresh issue27 crore shares
Face value₹10 / share
Listing atBSE · NSE
PromoterReliance Industries
Use of fundsDebt prepay + growth
RegistrarKFin Technologies

Schedule

IPO timeline

1Anchor investor bidding
2IPO opens — bidding begins
3IPO closes — UPI mandate cut-off
4Basis of allotment
5Listing on BSE & NSE

Exact dates are announced with the RHP.


Why Investors Care

The case for Jio Platforms

🌐

Nation-scale gateway

524M+ customers on a full-stack, pan-India network — the digital front door for half the country.

📊

50%+ EBITDA margins

₹77,556 Cr of annual operating cash flow — highly profitable at massive scale.

⚖️

Low leverage

0.36x net debt / EBITDA. The fresh issue pays down debt further — a self-funding balance sheet.

📈

18% profit CAGR

Rising ARPU with 5G and fixed-broadband monetisation still in early innings.

AI-led next leg

Autonomous platforms across connectivity and enterprise verticals built on proprietary tech.

Marquee backers

Meta, Google, KKR, Silver Lake, Mubadala and ADIA already on the cap table.


Ready to own a piece of Jio?

Apply for the Jio IPO in minutes — existing investors link their broker; new investors open an account along the way.

Figures from the Draft Red Herring Prospectus filed with SEBI (June 2026). Final price band, lot size and dates are confirmed in the RHP. This page is informational and not investment advice.