Jio Platforms is set for India’s largest ever IPO, worth up to Rs 30,213 crore. After listing, it is likely to enter the top five companies by market value.
AgenciesIts filings show Jio is India’s biggest telecom network by customers and data use, but trails Bharti Airtel on revenue per user, margins and customer additions. Its broadband market share has recently slipped below the 50% mark. On the plus side, Jio’s debt has fallen sharply. Tanay Sukumar and Anna Jijo look at the data.
Also read: Jio’s mega IPO draws strong interest from global funds
Agencies