Figures last updated 21 Oct 2026, 11:00 PM IST · How we work · Report an error
At the upper price band of ₹1,119
From the offer document’s own listed-peer table
In Fiscal 2026, listed peer Bharti Airtel Limited traded at a P/E of 40.71 with an RoNW of 20.32%, while Vodafone Idea Limited traded at a P/E of 3.99 (reflecting exceptional items) with a negative average net worth. The Issue Price and Price Band for Jio Platforms Limited are not determined in the Red Herring Prospectus.
How the size of this issue compares with every IPO in our archive
At ₹30,213 Cr, Jio Platforms is a larger issue than every one of the 719 Mainboard IPOs in our archive that state an issue size (the median is ₹572 Cr).
Of 40 Mainboard IPOs in our archive with an issue of ₹5,000 Cr or more (listed 2010 to date), 65% opened above the issue price and 35% below. The median opening gain was +3.63%, and the middle half ranged from −1.54% to +13.55%.
This describes how past issues opened, not what this IPO will do: one issue can land far outside the range, the opening price says nothing about what happens afterwards, and past results are not a forecast.