{"id":303208,"date":"2026-10-12T17:21:34","date_gmt":"2026-10-12T11:51:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=303208"},"modified":"2026-10-12T17:21:34","modified_gmt":"2026-10-12T11:51:34","slug":"jio-ipo-valuation-likely-at-rs-11-lakh-crore-will-ril-gain-bharti-airtel-vodafone-idea-feel-heat","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jio-ipo-valuation-likely-at-rs-11-lakh-crore-will-ril-gain-bharti-airtel-vodafone-idea-feel-heat\/","title":{"rendered":"Jio IPO Valuation Likely at Rs 11 Lakh Crore: Will Mukesh Ambani’s RIL Gain, Do Bharti Airtel and Vodafone Idea Feel the Heat? Rs 30,200 Crore Issue, Motilal Oswal View, EV\/EBITDA, ARPU and Risks"},"content":{"rendered":"

Jio IPO valuation: likely near Rs 11 lakh crore ($114 bn), below the $130 to $170 bn discussed earlier. Issue of up to 27 crore new shares, about Rs 30,200 cr per the headline. Motilal Oswal: Jio Rs 11.2 lakh cr (12x FY28E EV\/EBITDA); Airtel India 10.3x. RIL owns about 66.4%.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Jio IPO valuation is likely to be about Rs 11 lakh crore ($114 billion), below the $130 billion to $170 billion discussed earlier, with a fresh issue of up to 27 crore shares that the headline says could raise about Rs 30,200 crore. Motilal Oswal values Jio at Rs 11.2 lakh crore, or about 12 times FY28E EV\/EBITDA, says the listing may set a benchmark for telecom valuations and sees room for Bharti Airtel to re-rate because its India business trades near 10.3 times. RIL gains through its roughly 66.4% stake, worth about Rs 7.44 lakh crore at that value, while Vodafone Idea looks stretched with net debt of 9.6 times FY28E EBITDA against 0.3 times for Airtel. The valuation and dates can still change, so the final price band in the prospectus will decide the actual numbers.<\/p>\n<\/p><\/div>\n

Jio IPO valuation has become the biggest talking point in Indian markets, because a Rs 11 lakh crore listing would make Jio Platforms the third most valuable listed company in India, behind Reliance Industries and Bharti Airtel.<\/p>\n

The questions investors are asking are simple: is the Jio IPO valuation fair, does Reliance gain, and does Jio’s listing help or hurt Bharti Airtel and Vodafone Idea? This guide covers the valuation range, the issue size, Motilal Oswal’s numbers, the Jio versus Airtel comparison, what it means for RIL and the risks.<\/p>\n

A note on the numbers: reports differ on the issue size and valuation, and the final price band had not been announced in the sources I read. Where figures conflict, the difference is flagged.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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