Jio IPO: 5 strengths that put the Reliance-backed digital giant in spotlight

Reliance-backed Jio Platforms is set to open its IPO for subscription on October 21, with its RHP highlighting five key strengths. The company reported FY26 revenue from operations of Rs 1,46,885.3 crore, EBITDA of Rs 76,255.4 crore at a 51.91 percent margin, and profit after tax of Rs 30,049.1 crore, with revenue and EBITDA growing at CAGRs of 15.79 percent and 17.79 percent respectively between FY24 and FY26. Jio also highlighted its 533.3 million customer base, around 99 percent population coverage on wireless broadband, extensive fibre and tower infrastructure, and proprietary technology capabilities supported by about 12,477 employees in its digital products and technology team.