On this page

Jio Platforms gets SEBI clearance for proposed ₹37,700 crore IPO

SEBI cleared Jio Platforms’ proposed ₹37,700 crore fresh-share IPO, potentially India’s largest. Proceeds will primarily repay debt, strengthening Reliance Industries’ capital position; Jio’s retail, telecom and digital ecosystem contributes significantly to the parent’s revenue and profit mix.

Reported figures

From the report. Source details below

15% EBITDA growth to ₹20,865 crore

Also in the report

  • 27 crore fresh equity shares
  • ₹30,064 crore FY26 consolidated net profit
  • ₹1.49 lakh crore FY26 revenue
  • ₹2,000-2,500 crore estimated interest-cost reduction
  • ₹13-14 lakh crore estimated listing market capitalisation
  • 150 basis points EBITDA-margin expansion

Other figures

  • ₹27,500 crore borrowings

The source

Source Read the source at The Hindu BusinessLine

Published

Also reported by Financial Express, NDTV Profit, Times of India, Inc42, Outlook Business, YourStory

First seen

By

Note Information, not investment advice. RetailIntel is not registered with SEBI.