Jio Platforms IPO likely to fetch premium valuations, ICICI Securities values firm at $148 bn by 2027

Jio Platforms is gearing up for its highly anticipated IPO, with analysts projecting it could achieve a dazzling valuation of USD 148 billion by September 2027. This bullish outlook is fueled by enhanced sector dynamics, a more robust tariff environment, and an accelerating shift towards 5G technologies.