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.
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.
Also reported by
- Moneycontrol · Results — Same time
- Moneycontrol · Results — Same time