Jio IPO: The Digital Behemoth That Could Reprice India’s Telecom Sector
In keeping with the pattern shown during its last share dilution in FY21, ICICI Securities anticipates Jio Platforms Ltd. (JPL) to make its debut at premium valuations above listed peers. JPL raised financing with a valuation of $65–70 billion at that time, already commanding a premium to Bharti India at 14–14.7 times FY22 one-year forward…
