From mint · Sharmila Bhadoria · · 1m
Reliance Jio IPO Valuation Likely at ₹11 Lakh Cr
Reliance Jio IPO may hit ₹11 lakh crore valuation, boosting RIL while pressuring Airtel and Vodafone.
In brief
Reliance Jio IPO may hit ₹11 lakh crore valuation, boosting RIL while pressuring Airtel and Vodafone. Reliance Jio Platforms IPO could value at ₹11 lakh crore, potentially lifting Reliance Industries but pressuring Bharti Airtel and Vodafone Idea. Originally reported by mint.
Jio Platforms IPO Valuation
Reliance Jio Platforms IPO likely to value at ₹11 lakh crore with ₹30,200 crore raise.
“Reliance Industries’ planned Jio Platforms IPO could raise about ₹ 30,200 crore at a valuation near ₹ 11 lakh crore”
Motilal Oswal's Telecom Sector View
Motilal Oswal says Jio IPO will influence telecom sector valuations and trigger tariff hikes.
“Motilal Oswal Financial Services report states the Jio IPO’s valuation will have a bearing on the sector’s valuation”
Jio IPO Impact on Telecom Stocks
Jio IPO may drive telecom sector re-rating through higher ARPU growth and tariff hikes.
“We build in ~15% smartphone tariff hike (~INR50 on the 28-day unlimited data packs) from Dec’26”
Reliance Industries' Value Unlocking
Jio IPO will unlock value for Reliance Industries through quick-commerce, FMCG, AI and datacenter growth.
“Value unlocking through the impending JPL IPO, ramp-up of quick-commerce offerings under RRL, higher spreads in the O2C business, and optionality from faster ramp-up of FMCG, AI, Datacenter, and New Energy remain key triggers for the stock”
Jio IPO Pricing and Backing
Jio IPO priced at ₹1,065-1,119 per share with backing from Meta and Google.
“Jio Platforms IPO, which has backing from foreign investors like Meta and Google, is likely to fix its price to shares at ₹ 1,065-1,119 apiece”
Telecom Sector Pressure Points
Bharti Airtel and Vodafone Idea face valuation pressure from Jio IPO's impact on telecom sector.
“The completion of its listing and likely imminent closure of Vodafone Idea’s long pending fund raise would pave the way for a broad-based tariff hike”
What it means
Reliance Jio Platforms IPO could value at ₹11 lakh crore, potentially lifting Reliance Industries but pressuring Bharti Airtel and Vodafone Idea.
