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Jio Platforms may list by end-October at $143-146 billion valuation in $3.8 billion IPO

Jio Platforms could list before the end of October at a $143-146 billion enterprise valuation, with an estimated $3.8 billion issue of up to 27 crore fresh shares, sources told PTI. Final IPO documents could be filed in the week beginning October 12.

Jio Platforms targets a $143-146 billion enterprise valuation in a $3.8 billion IPO
Enterprise valuation targeted
$143-146 billion
Estimated IPO size
$3.8 billion
FY26 revenue
₹1,46,885 crore
FY26 profit after tax
₹30,053 crore

Newer report , , Mint : Reliance urges its 419,911 staff to back $3.2 billion Jio Platforms IPO, releasing October salaries about 15 days early

Reported figures

From the report. Source details below

Fresh issue share of post-issue equity: 2.9 per cent
FY26 revenue: Rs 1,46,885 crore
FY26 profit after tax: Rs 30,053 crore
Mobile connection market share: 39.29 per cent
5G customers as of June 2026: 26.85 crore

The source

Source Read the source at Times Now Business

Published

Also reported by Business Standard, Mint, Outlook Business

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