BusinessPhoto: Mint MarketsJio Platforms IPO to Impact Airtel, Vodafone Idea, Indus Towers Shares
Jio Platforms' upcoming IPO, with shares priced between ₹1,065 and ₹1,119, is expected to bring significant changes to the Indian telecom sector and Reliance Industries. The IPO could set a new valuation benchmark, potentially affecting Bharti Airtel and other listed telecom companies. Jio's valuation is estimated around ₹11 lakh crore, slightly above Airtel's market capitalization, possibly leading to a re-rating of telecom stocks.
Mint Markets·




