Jio Platforms IPO: Gaurang Shah Recommends Subscription, Cites Long-Term Growth And Tariff Hikes

Jio Platforms’ IPO has drawn strong investor demand, with subscriptions surging on the opening day. Gaurang Shah, Senior Vice President, Geojit Investments, shares his outlook on the IPO, highlighting the company’s massive subscriber base, telecom sector resilience and potential tariff hikes as key long-term growth drivers. Higher average revenue per user (ARPU) could support revenue growth, while Jio’s decade-long expansion strengthens its position in India’s digital economy. Shah advises investors to look beyond listing gains and focus on long-term wealth creation. He also discloses that Geojit Investments has issued a subscribe recommendation for the IPO.