Jio Platforms Limited, incorporated in November 2019 in Ahmedabad, Gujarat, is a market leader in India’s digital connectivity sector. Since launching in 2016, it has built an all-internet protocol-based network and reshaped India’s digital connectivity through mobile and fixed broadband services.
The company provides wireless and fixed broadband, entertainment, cloud gaming, cloud computing, cloud PC and storage, smart home solutions, and access to AI-based products such as AI assistants. Jio launched 4G services using VoLTE technology in 2016 and introduced 5G services in October 2022, deploying more than one million 5G cells. Its internally developed platforms, including cloud-native RAN, 5G core, OSS/BSS and fixed wireless access technologies, may also support future international revenue opportunities.
Jio’s fixed broadband portfolio includes JioFiber, launched in 2019, and JioAirFiber, launched in 2024 using 5G and UBR spectrum to provide fixed wireless access without physical last-mile connectivity. Its JioHome offering combines broadband connectivity with home entertainment and smart home services. In FY2026, the company established an integrated international subsea cable and domestic data centre interconnect network linking India with hubs in Singapore, Europe, the Middle East and the United States, targeting demand from hyperscalers, enterprises, cloud platforms, content delivery and AI workloads.
The company has filed a Red Herring Prospectus with SEBI for an IPO comprising a fresh issue of 270 million equity shares with a face value of ₹10 each. The issue is intended to raise ₹30,187.65 crore, with bidding scheduled from October 21 to October 23, 2026, at a price band of ₹1,065–₹1,119 per share.
