Jio Platforms files DRHP for Rs 27,500 crore IPO; FY26 revenue up 14.6% to Rs 1.47 lakh crore

Reliance Jio Platforms filed its draft prospectus, posting 14.6% YoY revenue growth to Rs 1.47 lakh crore in FY26 and 524.4 million subscribers. The Rs 27,500 crore raise targets debt repayment and advances Reliance's broader listing pipeline, including retail.

— Filed Mon, 22 Jun, 2026, 19:10 IST · Source Moneycontrol · Updated

Reliance Jio Platforms filed DRHP for its IPO, reporting 14.6% revenue growth to Rs 1.47 lakh crore in FY26 and 524.4 million subscribers. The Rs 27,500 crore IPO proceeds will go toward debt repayment, advancing parent Reliance's retail-adjacent listing pipeline.

Why this matters

DRHP filing follows prior reports of a $3.8B Mumbai IPO at a $180B valuation, confirming Reliance's push to list Jio and signaling a likely sequel for Reliance Retail.

Retail-company signals steady at 3,448 over 90 days, with IPO activity dominating recent flow.

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