Jio platforms IPO : the issue has already drawn demand of over 3.7 lakh crore including more than 1.2 lakh crore rupees from public investors from the first two days of Bidding. The initial public offering was fully subscribed within the first 100 minutes on day 1 making it the fastest mega Initial public offering in India to achieve the mile stone by the end of day the overall subscription stood at 5.5 times with qualified institutional buyers subscribing 13 times their allotted portion and placing bids worth above 72000 crore rupees the public issue has also received a record number of applications across investor categories with demand in first two days reportedly exceeding the combined the combined subscription amount for the next 10 initial public offerings by five times.
Jio platforms Limited initial public offering has received more than 1 crore applications according to exchange data settings a global record for an Initial public offering with five hours of bidding remaining the stock sale has surpassed the previous reported record for an previous initial public offering is 97 lakhs applications received by waaree energies LTD other indian initial public offering that drew high application numbers included Bajaj Housing Finance limited and bharat cooking coal limited each attracting about 90 lakh application the final application count number rise further before the initial public offering closes potentially widening the gap with previous records
Jio platforms IPO A strong debut is likely what does the future hold?
Jio platforms IPO as drawn an extra ordinary response from institutional investors That would make one believe a favourable listing is likely the bigger question is what kind of stock jio will be could it be a high growth telecom play capable of delivering out sized returns Jio is no longer simply a story of adding subscribers, it has built one of the largest networks The next phase is about extracting more value from infrastructure raising revenue per customer and expanding beyond connectivity into higher value digital and enterprise service.
The debate among investors is on the scale of returns it can deliver from the Initial public offering valuation moody’s rating said the listing would improve transparency and provide a clearer market valuation for reliance digital business which will remain strategically important to the conglomerate after the share sale.
Reliance to retain 64.5% stake in jio after Initial public offering Creditsights
Jio platforms IPO : Reliance is expected to retain a majority stake of about 64.5% in jio after the initial public offering preserving strategic control while giving digital business a market valuation of its own existing minority investors including meta and google will also see their ownership percentages diluted by fresh share insurance reliance adjusted net debt to EBITDA remain around 1.0-1.2 times over the next two years comfortable below its 3.0 times down grade threshold the key credit benefit of the initial public offering was additional funding flexibility rather than a material improvement in leverage or liquidity over the next 12 months
Also Read This : Jio IPO 2026: Price Band, GMP, Subscription Status and Listing Date
Jio listing to broaden access to capital for future investments moody
Will also diversify Jio platform funding sources and broaden its access to domestic and international capital for future investment acquisition and strategic partnership.
Written by – Prabhjyot Singh
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