Tag: Jio

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Reliance advances Jio IPO with 27 cr shares

Jio Platforms has taken a significant step towards its long-awaited stock market debut after Reliance Industries secured shareholder approval to issue up to 27 crore fresh equity shares.

The proposal was cleared at Reliance Industries’ 49th Annual General Meeting (AGM), marking an important milestone in the process of preparing Jio Platforms for a public listing. Although the company has not announced a specific timeline for the IPO, the move indicates that groundwork for the offering is progressing steadily.

Under the approved plan, Jio Platforms can raise capital through a fresh issue of up to 27 crore equity shares. The funds generated are expected to support the company’s future growth initiatives while allowing public investors to become part of one of India’s largest digital businesses.

Jio Platforms, which includes telecom operator Reliance Jio and several digital ventures, has become a key growth engine for Reliance Industries. Since its launch, Jio has reshaped India’s telecom sector by offering affordable data services and expanding digital connectivity across the country.

The proposed IPO has generated considerable interest among investors, with many viewing it as a landmark event for India’s financial markets. Given Jio Platforms’ vast subscriber base, strong digital presence and expanding technology ecosystem, analysts expect the offering to attract significant attention.

The listing would help Reliance Industries unlock value from its fast-growing digital business. Over the years, Jio Platforms has attracted investments from several global technology companies and private equity firms, reflecting strong confidence in its business model and future prospects.

Market participants are now waiting for further details, including the company’s valuation, issue size and expected listing schedule. These details are likely to emerge once regulatory filings are submitted and the IPO process moves into its next phase.

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Jio enters WIPO Global Patent Top 20

Jio Platforms has entered the top 20 of the World Intellectual Property Organization’s (WIPO) Patent Cooperation Treaty (PCT) rankings for 2025, marking a major achievement for India’s technology sector. The company surged 320 places to rank 20th, becoming the only Indian firm on the global top-20 list.

The ranking places Jio alongside global technology leaders such as Huawei, Samsung, Qualcomm, Google, Apple and Microsoft. The achievement reflects the company’s growing focus on research, development and intellectual property creation.

Jio’s rise is particularly notable as global patent filings under the PCT system increased by less than 1% during the period. The rankings are based on international patent applications filed through WIPO’s PCT framework.

The company’s patent portfolio covers emerging technologies including 5G, 5G Advanced, 6G, artificial intelligence (AI), AI-native networks, cloud-native platforms, intelligent automation, edge computing and digital infrastructure.

As of March 31, 2026, Jio Platforms had filed 6,817 patent applications globally, including 2,393 in India and 4,424 overseas. It has also secured 1,009 granted patents worldwide.

The milestone highlights India’s growing capabilities in innovation and deep technology. Jio’s entry into the global top 20 underscores the increasing presence of Indian companies in the international intellectual property landscape.

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Technology

Jio launches ₹200 OTT pack with 15 streaming apps

Reliance Jio has launched a new entertainment-focused prepaid plan priced at ₹200, offering access to multiple OTT platforms, live TV channels and mobile data benefits in a single package.

The telecom company said the new OTT pack includes subscriptions to 15 streaming platforms along with access to more than 1,000 live TV channels. The plan is aimed at users looking for affordable digital entertainment options without paying separately for multiple streaming services.

According to reports, the ₹200 plan also includes 30GB of high-speed data and unlimited 5G access for eligible users. Customers can stream movies, web series, sports and live television through the bundled services available under the package.

Some of the OTT platforms included in the plan are reportedly available through JioTV and JioCinema integration. The company hopes the move will attract more prepaid customers and strengthen its position in India’s growing digital entertainment market.

Telecom companies have increasingly started bundling OTT subscriptions with recharge plans as competition in the streaming industry continues to rise. Such plans are becoming popular among users seeking low-cost access to premium entertainment content.

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Corporate

Jio financial Q3 profit at ₹269 crore

Jio Financial Services Ltd reported a net profit of ₹269 crore for the third quarter ended December 31, 2025, supported by strong growth across its core businesses such as lending, payments and asset management.

The company’s total income more than doubled year-on-year to about ₹901 crore, reflecting higher activity in its operating segments. Income from core businesses now accounts for over half of total net income, a sharp rise from around one-fifth in the same period last year, showing improved diversification beyond treasury income.

The lending business continued to expand rapidly. Assets under management rose to ₹19,049 crore, nearly 4.5 times higher than a year ago, while loan disbursements almost doubled. This led to a strong increase in interest income and operating profit before provisions.

In the payments segment, transaction volumes and customer activity grew steadily, resulting in a sharp rise in fee and commission income. The company’s payments ecosystem also benefited from a wider user base.

Jio Payments Bank posted significant growth, with income rising multiple times compared to last year. Customer deposits and the number of active users also increased, reflecting higher adoption of digital banking services.

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Jio Platforms Valued at $170 Billion, say bankers

Jio Platforms Ltd., the digital and telecom subsidiary of Reliance Industries, is being valued at up to $170 billion by investment bankers, with discussions placing the range between $130 billion and $170 billion.

If realised, the higher-end valuation would make Jio one of India’s top three listed companies by market capitalization, overtaking Bharti Airtel, currently valued at around $143 billion. Parent company Reliance Industries, led by Mukesh Ambani, holds a market cap of about Rs 20 lakh crore.

Ambani had earlier indicated that Jio’s IPO could take place in the first half of 2026, marking the first major listing of a Reliance business since Reliance Petroleum’s debut in 2006. The move, long anticipated since 2019, follows substantial global investments from Meta Platforms and Alphabet Inc., which together infused over $10 billion into Jio in 2020.

Under current regulations, companies valued above Rs 5 lakh crore must sell shares worth at least Rs 15,000 crore in their IPOs. For Jio, that would translate to an offering of around $4.3 billion, assuming the company achieves the top-end valuation.

Jio’s strong financial performance continues to bolster investor confidence. For the September quarter, it reported a 13% rise in net profit to Rs 7,379 crore, driven by higher data consumption and a growing subscriber base. Revenue from operations grew 15% to Rs 36,332 crore, compared to Rs 31,709 crore in the same period last year.

The company’s average revenue per user rose 8.4% year-on-year to Rs 211.4, while its 5G subscriber base surged to 234 million. It now has 22.7 million home connections and nearly 9.5 million JioAirFiber users, highlighting its expanding digital footprint.

The anticipated IPO is expected to be one of the largest in India’s history, underscoring Jio’s pivotal role in advancing the country’s telecom and digital transformation.

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