These days, discussions about the biggest Mahakumbh i.e. IPO of Jio Platforms Limited (Jio Platforms IPO) are in full swing in the Indian stock market and telecom sector. As this IPO is coming in front of investors, leading market experts of the country and the world are keeping a close eye on it. In this series, famous investor and founder of 'Helios Capital' Sameer Arora has expressed his strong confidence about the growth journey of Jio Platforms and its stock. Arora believes that Jio is not just a telecom company, but the backbone of India's entire digital economy, which has immense potential to provide bumper returns to investors. Why are Jio platforms special in the eyes of Sameer Arora? Market expert Sameer Arora says that even though many new digital and internet companies have emerged as the new face of business in India, it cannot be denied that Jio's strong network and digital infrastructure have played the biggest role in laying the foundation of that digital revolution and taking it to every home. According to Arora, Jio's vast reach, unwavering customer trust and ability to capitalize on future growth make it one of the best stocks in the market. When a company is a leader in its sector and is directly linked to the digital growth of the country's economy, the trust of investors in it automatically becomes stronger and there is every possibility of getting excellent returns from it in the long run. The journey of telecom revolution started from the year 2016. Remember the year 2016, when Reliance Jio had entered the Indian telecom market. Jio's explosive entry had changed the face of the entire telecom sector. Extremely affordable rates and initial free voice and data services put the power of the Internet in the hands of the common man in India, increasing mobile data consumption in the country manifold. Over time, Jio has not limited itself to just mobile calling and internet, but has also expanded its boundaries to become a big player in modern areas like home broadband (Fiber), digital entertainment, cloud computing and enterprise solutions. Huge network of more than 53 crore customers and dominance of 5G The strength of any company is measured by its customer base, and Jio has no competition in this matter. As per available data, as of June 30, 2026, Jio's total customer base has crossed 53.3 crore, out of which 28.49 crore users are using the state-of-the-art 5G services alone. According to the company's Red Herring Prospectus (RHP), Jio alone has a share of about 60% of India's total wireless data traffic during FY 2025-26. Additionally, the company's wireless broadband network has reached more than 99% of the country's population, which is a historic record in itself. Big opportunities are still open for future growth. The biggest plus point for Jio is that its growth paths are still wide open in the Indian market. The biggest opportunity for the company is the millions of users who are still using 2G networks. According to data, by June 2026, about 261 million users were on 2G networks in India. As these customers shift to 4G and 5G networks, there is sure to be a huge jump in Jio's revenue. Apart from this, expansion of fixed broadband and providing multiple digital services (bundled services) to customers will further strengthen the company's earnings. Excellent Financial Figures and Strong Revenue Growth Jio Platforms' financial position is extremely strong. The company's revenue from operations during the financial year 2025-26 reached ₹ 1,46,885 crore with an impressive growth of 14.6% on an annual basis. During this period, the company's EBITDA increased by 18.8% to ₹ 76,255 crore and net profit increased by 15% to ₹ 30,049 crore. The company's EBITDA margin during this period stood at 51.9%, reflecting its excellent operational efficiency. Steps towards becoming debt-free and valuation of IPO The huge amount raised from this IPO of Jio Platforms is expected to be mainly used to repay the debt of up to ₹27,500 crore. This move will move the company towards a completely net-debt-free position, which is expected to provide more benefits to investors in the future. According to the upper price band of ₹ 1,119 of the IPO, the total valuation of Jio Platforms is estimated at about ₹ 10.3 lakh crore, which is about 34.3 times the earnings of FY 2025-26. This valuation fully justifies the company's huge size and immense future potential. This belief of veteran investors like Sameer Arora confirms that this can prove to be an excellent opportunity for long-term investors.
