Neutral impactIPO
Jio Platforms IPO: Stock needs to appreciate 25% to match Airtel valuation, says Dipan Mehta
CNBC-TV18 1 hr ago·15 Oct 2026, 4:12 am
Jio Platforms, a Reliance subsidiary, is launching an IPO priced at a valuation of roughly ₹10 lakh crore, which analysts say sits about 10‑15% below what they view as its fair value of around ₹11.5‑12 lakh crore.
Because of that discount, market commentator Dipan Mehta notes the shares would need to rise roughly 25% after listing to bring Jio’s market cap in line with rival Bharti Airtel’s valuation. That potential upside is a focal point for retail investors assessing whether the IPO leaves room for price appreciation.
Investors should watch the level of demand during the subscription period, the final allocation, and the stock’s early trading behavior. Broader telecom sector moves and any regulatory developments could also shape the post‑IPO trajectory.
Excerpt from CNBC-TV18
Published On Oct 15, 2026 | 09:42 IST Last Updated On Oct 15, 2026 | 09:52 IST Jio Platforms' upcoming ₹30,000 crore IPO is considered attractively priced by analysts. The stock needs a 25% appreciation to match Airtel's valuation, offering potential listing gains and positioning it as India's second-largest firm. Jio…Read the original at CNBC-TV18
Key takeaways
- Category: IPO.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
