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Jio IPO Details
Issue Date
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Investment/lot
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Price Range
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Lot Size
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IPO Size
N/A
About Jio IPO
The telecom arm of Reliance Industries, Reliance Jio Infocomm, is preparing to roll out its mega initial public offering (IPO). While the exact dates of the IPO are yet to be confirmed, according to reports, the IPO is expected to hit the markets in the first half of 2026, subject to regulatory approvals. The IPO is one of the most anticipated ones due to its parent company being one of India’s most valuable entities.
Objectives of Jio IPO
TBA
Jio IPO Lot Size
| Application | Lots | Shares | Amount in INR |
|---|---|---|---|
Individual Investors (Retail) (Min) | TBA | TBA | TBA |
Individual Investors (Retail) (Max) | TBA | TBA | TBA |
HNI (Min) | TBA | TBA | TBA |
Industry Outlook
India's telecom market is witnessing rapid growth due to government policies and increasing internet penetration. By December 2024, India’s broadband connections had grown sharply to nearly 945 million. This reflects a strong growth of the telecom sector and its role in expanding digital access.
The Department of Telecommunications (DoT) has been making steady efforts to close the digital gap. It has a clear goal of bringing high-speed internet to every village by 2024. Going forward, India is expected to cross the 1 billion internet user mark by 2025. This highlights the importance of the telecom sector in promoting digital inclusion nationwide.
Company Information
Reliance Jio was launched in 2016. It provides affordable access to digital technologies to the masses and, over the years, has played a pivotal role in transforming the Indian telecom landscape. Today, it's one of India's largest telecom operators, and since its debut, it has amassed more than 500 million customers. The company has also built the world's fastest 5G rollout.
Strengths of Jio
- India's leading telecom operator
- Extensive 4G network
- Data speed and reliability
- Pan India coverage
Risks of Jio IPO
- Competition from other established telecom players
- Policy changes from government may impact business
- Saturation of telecom market
- Economic slowdown could impact business
Comparison with peers
| Company Name | Revenue from Operations (in ₹ crores) | EPS in ₹ | NAV Per Equity Share (in ₹) | Return on Net Worth (in %) |
|---|---|---|---|---|
Jio | TBA | TBA | TBA | TBA |
Bharti Airtel | TBA | TBA | TBA | TBA |
VI | TBA | TBA | TBA | TBA |
Anchor Investor Bidding Date
TBA
IPO Registrar and Book Running Lead Managers
- IPO Registrar: TBA
- Book Running Lead Managers: TBA
Business Model
While Jio started as a telecom company offering affordable data and calling services, it also offers various other tech-related services too. Apart from offering telecom services, it offers broadband and fiber services. It also offers e-commerce and retail integration through JioMart and has developed various digital apps, including JioTV and JioCinema.
Company Growth Trajectory
Jio Platforms Ltd (JPL), which runs India’s largest telecom network, Reliance Jio Infocomm, reported a net profit of ₹7,110 crore in April-June 2025-26, up 24.9 per cent year-on-year (Y-o-Y).
Jio Platforms reported a net profit of ₹7,110 crore in April-June, up 24.95 from the figures reported in the last quarter in the previous year. The company reported an average revenue per user of ₹208.8 in Q1 FY26.
Market Position
Jio commands an all-India revenue market share of 42.3%, followed by Bharti at 39.2%. In the residential broadband business, Jio leads with 20 million subscribers with its 4G/5G base growing rapidly, accounting for 42% of its total subscribers.
Jio Profit and Loss (in ₹ crores)
| Parameter | FY25 | FY24 | FY23 |
|---|---|---|---|
Total Income | TBA | TBA | TBA |
Profit / (Loss) Before Tax | TBA | TBA | TBA |
Profit After Tax | TBA | TBA | TBA |
EBITDA | TBA | TBA | TBA |
EPS in ₹ | TBA | TBA | TBA |
Jio Balance Sheet (in ₹ crores)
| Parameter | FY25 | FY24 | FY23 |
|---|---|---|---|
Profit / (Loss) Before Tax | TBA | TBA | TBA |
Net Cash from Operating Activities | TBA | TBA | TBA |
Cash Generated (Used in) Investing Activities | TBA | TBA | TBA |
Net Cash Generated / (Used in) Financing Activities | TBA | TBA | TBA |
Cash and Cash Equivalents at the End of the Year | TBA | TBA | TBA |
How to Check Allotment Status of Jio IPO?
1. Visit the Registrar’s Website
Visit the registrar's website and locate the link to check your allotment status. Choose the name of the company from ‘Select Company’ dropdown and enter either your PAN, application number, DP/Client ID, etc. Click on Submit to check the status.
2. Check on the National Stock Exchange Website
The National Stock Exchange (NSE) website has an IPO bid verification module. You can use it to check the allotment status of Jio IPO. Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'.
On the NSE IPO bid verification page, enter:
- Company name from dropdown
- Application number
- PAN
Then click 'Submit' to know the allotment status.
3. Check on the BSE Website
The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the 'Investors' tab. Under 'Investors', click on 'IPO'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:
- Select 'Equity' from the dropdown menu
- Choose 'Jio' in the next dropdown
- Enter your application number
- Enter your PAN
- Click 'Search’ to know allotment status
How to Apply for the Jio IPO?
To apply for this IPO:
- Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
- Specify IPO details: Enter the number of lots and the price you wish to apply for.
- Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange.
- Mandate Notification: Your UPI app will receive a mandate notification to block funds.
- Approve Request: Your funds will be blocked once you approve the mandate request on your UPI.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
Jio IPO FAQs
What is the Jio IPO?
The exact details of the Jio’s IPO are yet to be announced.
When is the IPO of Jio coming?
The exact dates of the IPO are yet to be announced.
Who is the Chairman of Jio?
Akash M Ambani is serving as the chairman of Reliance Jio Infocomm.
What is the lot size of shares in the Jio IPO?
The lot size of shares in this IPO is yet to be announced.
From where can I read more about Jio and its IPO?
You can read more about Jio and its IPO from the company’s draft red herring prospectus here.