Jio Platforms files DRHP for India's biggest IPO; Reliance Retail drives 77% of revenue
Jio Platforms' all-fresh 27-crore-share issue reveals deep retail ties: Reliance Retail is sole distributor of prepaid services, contributing 77% of Jio's FY26 revenue of Rs 146,885.3 crore. RIL holds 66.43%. Net profit Rs 30,049.1 crore, RoCE 10.76%, serving 524.4 million customers.
Jio Platforms filed its DRHP with SEBI for India's biggest IPO, an all-fresh issue of 27 crore shares. Reliance Retail is sole distributor of prepaid services, accounting for 77% of Jio's FY26 revenue, linking retail parent capital flows.