What's next for Jio after India’s biggest-ever IPO? | Explained
Jio leads in terms of subscribers and market capitalisation, but continues to lag behind Airtel in average revenue per user (ARPU); a key growth driver is expected to be industry-wide tariff increase by FY27
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A woman records a drone show depicting the Jio Platforms Ltd.
IPO in Mumbai, on October 28, 2026. | Photo Credit: Reuters
The story so far:Jio Platforms Limited made its market debut on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on Wednesday (October 28, 2026), after an overwhelming response from investors, at a premium of 21% to its issue price.
The stock ended nearly 26% higher on its opening day and extended gains by another 5% on Thursday (October 29, 2026).
Jio’s stock market debut marks a significant milestone for India’s telecom and technology sector.
Since entering the industry a decade ago, it has transformed the country’s telecom landscape through aggressive pricing, large-scale network expansion and a growing digital services ecosystem.
However, with its public listing, investors are now looking beyond subscriber numbers to understand what will drive the company’s next phase of growth.
economy, business and finance / financial markets / India / The Hindu Explains / investments
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Full detailed coverage is shown on the council website above. Source attribution: The Hindu – Business.
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