The listing of Jio Platforms on the NSE and BSE lifted the company’s market capitalisation to ₹12.5 lakh crore, a 21% premium over its ₹1,119 issue price, and pushed Reliance Group to the top of India’s corporate market‑cap hierarchy, overtaking Tata Group—according to the company’s filing on the NSE.
For the fiscal year ended March 2026, Jio Platforms posted a net profit of ₹30,049 crore on revenue of ₹1.5 lakh crore, delivering an EBITDA margin of 52%—the highest in the telecom sector and well above the 40% industry average, as reported in the company’s 2026 annual report.
Reliance Industries Ltd. now accounts for roughly 53% of the group’s valuation, while Jio Platforms contributes 42%, underscoring the digital arm’s weight in the conglomerate’s market value—data from the group filing.
After the IPO, RIL’s stake in Jio Platforms slid to 64.5% from 66.4%, with the remaining shares held by institutional investors such as LIC, New World Fund, GIC Singapore, and SBI Focused Fund—official filings confirm the dilution.
The IPO attracted 1.39 crore applications, was fully subscribed within 100 minutes, and was bid 22 times over; QIBs bid 71 times their allocation, retail investors three times theirs, reflecting strong appetite for telecom exposure—NSE market data.
Analysts at Bloomberg project that Jio Platforms will continue to leverage its digital ecosystem, with the next earnings call expected on June 15, 2026, potentially signalling further expansion into e‑commerce and fintech.