Deven Choksey Analysis On Jio IPO: Should You Subscribe Or Not?

Jio Platforms’ mega IPO is drawing investor attention, with an estimated market capitalisation of ₹10 lakh crore. But does the offering present an attractive opportunity for retail investors? Deven Choksey, Managing Director, DR Choksey FinServ Private Limited, shares his outlook on the IPO, highlighting the company’s growth potential, strong EBITDA performance and expansion across enterprise services, home broadband, overseas markets and JioBrains. Choksey believes the IPO valuation could offer room for upside. He also sees the potential for EBITDA to double to ₹1.5 lakh crore over the next four to five years if growth continues at around 20% annually. Can Jio Platforms deliver on these expectations? Watch the full analysis.