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IPO Lenschevron_rightIPO Explorerchevron_rightJio Platforms IPO
JP

Jio Platforms IPO

Open
Jio Platforms Ltd. · Mainboard · Book Build Issue · BSE, NSE
Price Band
₹1,065–1,119
Issue Size
₹30,213 Cr
Min Invest
₹21
Lot Size
12 sh
Opens
21 Oct
Closes
23 Oct
Allotment
26 Oct
Listing
28 Oct
boltListing Gain
Apply
Probability
Moderate

The IPO is expected to deliver strong listing gains, supported by a robust GMP of 22.7% and significant interest from high-quality anchor investors. The company's strong fundamentals and market position further bolster this outlook.

descriptionExecutive Summary

Jio Platforms Ltd. is a technology company with inherent engineering and full-stack proprietary capabilities, focusing on cloud-native platform evolution and new digital service development. The IPO is a large mainboard issue aiming to raise ₹30,213 crore through a fresh issue of shares.

edit_note
Analyst Notes

Jio Platforms IPO presents a compelling investment opportunity. The company demonstrates strong and consistent financial growth, high profitability margins, and a robust balance sheet. Its business model, leveraging advanced technology and extensive network infrastructure, positions it as a leader in India's rapidly expanding digital connectivity market. While the RoNW is moderate, the overall growth trajectory and competitive advantages are significant. The IPO is fairly valued compared to its primary listed peer, Bharti Airtel, and is supported by exceptionally strong market sentiment, as evidenced by a high GMP and broad institutional anchor investor participation. Identified risks are manageable and typical for a large-scale operation in a regulated industry.

insightsOutlook

boltListing GainApply
ConfidenceModerate

The IPO is expected to deliver strong listing gains, supported by a robust GMP of 22.7% and significant interest from high-quality anchor investors. The company's strong fundamentals and market position further bolster this outlook.

scheduleShort TermNeutral Positive
ConfidenceModerate

The company's strong growth trajectory, healthy margins, and positive market sentiment suggest good short-term performance post-listing. The fair valuation relative to peers also provides a cushion.

historyLong TermApply
ConfidenceHigh

Jio Platforms operates in a high-growth industry driven by digital transformation and increasing connectivity. Its strong competitive advantages, technological capabilities, and scalability position it well for sustained long-term growth, despite moderate return ratios currently.

radarScore Profile

FinancialBusinessValuationGrowthGovernanceMarketRisk
76
Overall Score
76.2/100
account_balanceFinancial Strength
8.0/10
business_centerBusiness Quality
8.0/10
sellValuation
7.0/10
trending_upGrowth
8.0/10
verified_userGovernance
7.0/10
moodMarket Sentiment
9.0/10
warningRisk
7.0/10

monitoringFinancial Analysis

149759.1₹ Cr · FY24–FY26
insightsRevenue grew from 110175.4 to 149759.1 across FY24–FY26 (+35.9%).
Latest
149759.1
Low
40197.9
High
149759.1
Average
107366.4
Δ Period
+39583.7
Quality Ratings
Revenue ConsistencyStrong
Profit ConsistencyStrong
EBITDA TrendHigh
Margin TrendStable
Net Worth Trend—
Cash Flow Quality—
Working Capital—
Debt LevelsModerate
Debt ServicingStrong
Earnings QualityHigh
Return RatiosModerate
Profit SustainabilityHigh

sellValuation Analysis

Valuation Meter
Fairly Valued
Capital Eff.
Moderate
Risk-adj. Return
High
Pre-IPO P/E
33.28×
Post-IPO P/E
33.19×
EV / EBITDA
—
Price / Book
2.93×
ROE
9%
ROCE
—
Competitive PositioningStrong
Relative Pricing vs PeersStrong

candlestick_chartListing Performance

schedule

Listing-day performance is not available yet. It will appear here once this IPO has listed and results are recorded.

business_centerBusiness Quality

lan
Business Model
A technology company leveraging inherent engineering and full-stack proprietary capabilities, focusing on JioBrain, cloud-native platform evolution, and new digital service development.
security
Competitive Moat
Strong, built on extensive network infrastructure (4G/5G), proprietary technology, and continuous digital service development.
open_in_full
Scalability
High, driven by increasing smartphone penetration and the expansion of the digital economy in India.
public
Market Opportunity
Significant, driven by India's growing mobile connectivity, increasing data consumption, and expanding digital economy.
star
Brand Strength
Strong, implied by market presence and scale within the Indian telecommunications and digital services sector.
memory
Technology Edge
Strong, with a focus on JioBrain, cloud-native platforms, and advanced digital services.
fence
Entry Barriers
High, due to significant capital investment required for network infrastructure and technology development, as well as regulatory hurdles.
leaderboard
Industry Position
Leading player in the Indian mobile connectivity and digital economy market.
groups
Customer Concentration
Low, no specific concentration risk identified.
local_shipping
Supplier Concentration
Low, no specific concentration risk identified.

factoryIndustry Analysis

factoryDigital Connectivity and Telecommunications
Industry CAGR
11.77%
boltDrivers
  • Wider availability of good quality 4G and 5G networks
  • Increasing smartphone penetration and device affordability
  • Expansion of the digital economy and rising data consumption

verified_userGovernance & Ownership

Governance Health
70OF 100Good
Risk & Quality Ratings
Promoter QualityStrong
Governance RatingGood
TransparencyGood
Litigation RiskModerate
Regulatory IssuesModerate
Dependency RiskLow
Shareholding Pattern
Pre-Issue Promoter66.43%
Post-Issue Promoter64.48%
infoPromoter dilution of 2.0 pts post-issue.

groupsPeer Comparison

CompanyP/ERoNW / ROEP/BEPS (Basic)EPS (Diluted)NAV
Jio Platforms IPOThis IPO
33.19×
9%
2.93×
—
—
—
Vodafone Idea Ltd.
3.99×
—
—
₹3.21
₹3.21
₹-3.3
Bharti Airtel Ltd.
40.71×
20.32%
—
₹45.96
₹44.37
₹244.6
Jio Platforms Ltd.
—
9.42%
—
₹33.63
₹33.59
₹373.66
Jio Platforms IPOThis IPO
P/E33.19×
RoNW / ROE9%
P/B2.93×
Vodafone Idea Ltd.
P/E3.99×
EPS (Basic)₹3.21
EPS (Diluted)₹3.21
NAV₹-3.3
Bharti Airtel Ltd.
P/E40.71×
RoNW / ROE20.32%
EPS (Basic)₹45.96
EPS (Diluted)₹44.37
NAV₹244.6
Jio Platforms Ltd.
RoNW / ROE9.42%
EPS (Basic)₹33.63
EPS (Diluted)₹33.59
NAV₹373.66
trending_upStrongest Peer
Bharti Airtel Ltd.
trending_downWeakest Peer
Vodafone Idea Ltd.
Relative PricingStrong

receipt_longOffer Details

Fresh Issue
₹30,213 Cr
Registrar
Kfin Technologies Ltd.
Lead Managers
Kotak Mahindra Capital Co.Ltd.

shopping_cartLot Size & Bidding

Min Investment
₹10.07 L
₹10,07,100
Lot Size
12 sh
shares per lot
Min Bid
12 sh
minimum to apply

B-HNI

75 lots & above
₹10.07 Lentry
Min
75 lots
900 sh · ₹10.07 L
Max
—
no upper limit

pie_chartReservation Breakdown

CategoryShares Offered% of IssueShare
QIB—50%
Retail—35%
NII—15%
QIB50%
—
Retail35%
—
NII15%
—

anchorAnchor Investors

Bid Date
Oct 19, 2026
Anchor Price
₹1
Investors
212
Investor
LIFE INSURANCE CORP.OF INDIA44,68,128₹499.98 Cr6.17%
BNP PARIBAS FINANCIAL MARKETS-ODI27,10,020₹303.25 Cr3.74%
BLACKROCK GLOBAL FUNDS-EMERGING MARKETS FUND3,32,016₹37.15 Cr0.46%
BLACKROCK GLOBAL FUNDS-INDIA FUND2,10,384₹23.54 Cr0.29%
BLACKROCK GLOBAL FUNDS-EMERGING MARKETS EX-CHINA FUND1,68,696₹18.88 Cr0.23%
BLACKROCK GLOBAL FUNDS-EMERGING MARKETS SUSTAINABLE EQUITY FUND1,40,580₹15.73 Cr0.19%
BLACKROCK EMERGING MARKETS FUND1,27,068₹14.22 Cr0.18%
BLACKROCK GLOBAL FUNDS-EMERGING MARKETS EQUITY INCOME FUND1,09,260₹12.23 Cr0.15%
NEW WORLD FUND,INC.43,45,548₹486.27 Cr6%
EUPAC FUND13,97,568₹156.39 Cr1.93%
CAPITAL GROUP EUPAC COMMON TRUST (US)2,12,928₹23.83 Cr0.29%
AMERICAN FUNDS DEVELOPING WORLD GROWTH & INCOME FUND1,95,048₹21.83 Cr0.27%
CAPITAL GROUP NEW WORLD TRUST (US)1,22,832₹13.74 Cr0.17%
AMERICAN FUNDS INSURANCE SERIES-NEW WORLD FUND1,15,632₹12.94 Cr0.16%
CAPITAL GROUP NEW GEOGRAPHY EQUITY ETF89,424₹10.01 Cr0.12%
FIDELITY CONTRAFUND: FIDELITY CONTRAFUND10,99,392₹123.02 Cr1.52%
FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH FUND6,31,404₹70.65 Cr0.87%
FIDELITY GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIDELITY CONTRAFUND COMMINGLED POOL4,03,404₹45.14 Cr0.56%
FIDELITY PURITAN TRUST: FIDELITY BALANCED FUND2,61,300₹29.24 Cr0.36%
FIDELITY SELECT PORTFOLIOS: TECHNOLOGY PORTFOLIO2,34,900₹26.29 Cr0.32%
FIDELITY CONTRAFUND: FIDELITY CONTRAFUND K62,30,004₹25.74 Cr0.32%
FIDELITY INVESTMENT TRUST: FIDELITY SERIES EMERGING MARKETS OPPORTUNITIES FUND1,91,100₹21.38 Cr0.26%
FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH K6 FUND1,34,100₹15.01 Cr0.19%
FIDELITY GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIDELITY BLUE CHIP GROWTH COMMINGLED POOL1,11,504₹12.48 Cr0.15%
FIDELITY ADVISOR SERIES I: FIDELITY ADVISOR SERIES EQUITY GROWTH FUND1,02,900₹11.51 Cr0.14%
FIAM GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIAM TARGET DATE BLUE CHIP GROWTH COMMINGLED POOL66,000₹7.39 Cr0.09%
FIDELITY INVESTMENT TRUST: FIDELITY EMERGING MARKETS FUND64,296₹7.19 Cr0.09%
FIAM GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIAM EMERGING MARKETS OPPORTUNITIES COMMINGLED POOL57,900₹6.48 Cr0.08%
FIDELITY RUTLAND SQUARE TRUST II: STRATEGIC ADVISERS FIDELITY EMERGING MARKETS FUND AS MANAGED BY FIAM LLC55,728₹6.24 Cr0.08%
FIDELITY INVESTMENT TRUST: FIDELITY DIVERSIFIED INTERNATIONAL FUND55,200₹6.18 Cr0.08%
FIDELITY GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIDELITY DIVERSIFIED INTERNATIONAL COMMINGLED POOL51,396₹5.75 Cr0.07%
FIDELITY INVESTMENT TRUST: FIDELITY SERIES EMERGING MARKETS FUND47,496₹5.31 Cr0.07%
GOVERNMENT OF SINGAPORE30,46,728₹340.93 Cr4.2%
MONETARY AUTHORITY OF SINGAPORE7,51,296₹84.07 Cr1.04%
HDFC FLEXI CAP FUND11,83,476₹132.43 Cr1.63%
HDFC LARGE CAP FUND11,28,972₹126.33 Cr1.56%
HDFC BALANCED ADVANTAGE FUND4,74,948₹53.15 Cr0.66%
HDFC CHILDREN'S FUND2,33,580₹26.14 Cr0.32%
HDFC RETIREMENT SAVINGS FUND-EQUITY PLAN2,33,580₹26.14 Cr0.32%
HDFC INNOVATION FUND2,10,228₹23.52 Cr0.29%
HDFC BUSINESS CYCLE FUND1,79,076₹20.04 Cr0.25%
HDFC RETIREMENT SAVINGS FUND-HYBRID EQUITY PLAN1,16,796₹13.07 Cr0.16%
HDFC CONSUMPTION FUND31,140₹3.48 Cr0.04%
HDFC HYBRID DEBT FUND6,228₹0.7 Cr0.01%
ICICI PRUDENTIAL EQUITY & DEBT FUND7,86,420₹88 Cr1.09%
ICICI PRUDENTIAL BALANCED ADVANTAGE FUND7,32,792₹82 Cr1.01%
ICICI PRUDENTIAL MULTI-ASSET FUND7,32,792₹82 Cr1.01%
ICICI PRUDENTIAL VALUE FUND7,32,792₹82 Cr1.01%
ICICI PRUDENTIAL LARGE CAP FUND3,66,396₹41 Cr0.51%
ICICI PRUDENTIAL BUSINESS CYCLE FUND2,23,416₹25 Cr0.31%
ICICI PRUDENTIAL ELSS TAX SAVER FUND2,23,416₹25 Cr0.31%
SBI FOCUSED FUND28,15,020₹315 Cr3.88%
SBI INFRASTRUCTURE FUND2,68,092₹30 Cr0.37%
SBI TECHNOLOGY OPPORTUNITIES FUND2,68,092₹30 Cr0.37%
SBI CONSUMPTION OPPORTUNITIES FUND2,68,092₹30 Cr0.37%
MAGNUM HYBRID LONG SHORT FUND1,78,728₹20 Cr0.25%
ADITYA BIRLA SUN LIFE FLEXI CAP FUND8,48,964₹95 Cr1.17%
ADITYA BIRLA SUN LIFE LARGE CAP FUND8,04,288₹90 Cr1.11%
ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND3,57,456₹40 Cr0.49%
ADITYA BIRLA SUN LIFE ELSS TAX SAVER FUND2,59,164₹29 Cr0.36%
ADITYA BIRLA SUN LIFE EQUITY HYBRID '95 FUND1,69,800₹19 Cr0.23%
ADITYA BIRLA SUN LIFE MULTI-CAP FUND1,51,920₹17 Cr0.21%
ADITYA BIRLA SUN LIFE CONSUMPTION FUND89,364₹10 Cr0.12%
SCHRODER INTERNATIONAL SELECTION FUND-EMERGING MARKETS6,33,828₹70.93 Cr0.87%
HARTFORD SCHRODERS EMERGING MARKETS EQUITY FUND6,24,084₹69.83 Cr0.86%
SCHRODER INTERNATIONAL SELECTION FUND-EMERGING ASIA4,40,796₹49.33 Cr0.61%
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM-SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA,INC.2,19,708₹24.59 Cr0.3%
PUBLIC SECTOR PENSION INVESTMENT BOARD- SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC.1,38,636₹15.51 Cr0.19%
FIDELITY RUTLAND SQUARE TRUST II: STRATEGIC ADVISERS EMERGING MARKETS FUND AS MANAGED BY SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC.1,34,256₹15.02 Cr0.19%
SCHRODER GLOBAL EMERGING MARKETS FUND95,508₹10.69 Cr0.13%
SCHRODER EMERGING MARKETS FUND, A SEPARATE INVESTMENT FUND WITHIN THE SCHRODER CAPITAL MANAGEMENT COLLECTIVE TRUST87,600₹9.8 Cr0.12%
SCHRODER INTERNATIONAL SELECTION FUND-BIC (BRAZIL, INDIA, CHINA)73,752₹8.25 Cr0.1%
SCHRODER INTERNATIONAL SELECTION FUND-SUSTAINABLE ASIAN EQUITY63,360₹7.09 Cr0.09%
SCHRODER INTERNATIONAL SELECTION FUND-INDIAN EQUITY55,104₹6.17 Cr0.08%
SCHRODER INTERNATIONAL OPPORTUNITIES PORTFOLIO-SCHRODER ASIA MORE(PLUS)50,964₹5.7 Cr0.07%
KOTAK MULTICAP FUND4,02,132₹45 Cr0.55%
KOTAK INFRASTRUCTURE & ECONOMIC REFORM FUND3,57,456₹40 Cr0.49%
KOTAK ELSS TAX SAVER FUND3,30,648₹37 Cr0.46%
KOTAK BALANCED ADVANTAGE FUND2,68,092₹30 Cr0.37%
KOTAK CONTRA FUND1,78,728₹20 Cr0.25%
KOTAK RURAL OPPORTUNITIES FUND1,60,848₹18 Cr0.22%
INFINITY HYBRID LONG-SHORT FUND89,400₹10 Cr0.12%
NINETY ONE EMERGING MARKETS EQUITY FUND9,18,912₹102.83 Cr1.27%
NINETY ONE GLOBAL SELECT LLC-NINETY ONE EMERGING MARKETS EQUITY FUND5,03,784₹56.37 Cr0.7%
HOSTPLUS POOLED SUPERANNUATION TRUST INVESTEC 4FACTOR1,66,140₹18.59 Cr0.23%
FLORIDA RETIREMENT SYSTEM-NINETY ONE NORTH AMERICA,INC.1,02,324₹11.45 Cr0.14%
INTERNATIONALE KAPITALANLAGEGESELLSCHAFT MBH ACTING FOR ACCOUNT OF ENTSORGUNGSFONDS96,144₹10.76 Cr0.13%
NIPPON INDIA MULTI CAP FUND8,93,652₹100 Cr1.23%
NIPPON INDIA LARGE CAP FUND8,93,652₹100 Cr1.23%
JP MORGAN FUNDS9,81,972₹109.88 Cr1.35%
JP MORGAN SAR ASIAN FUND4,74,780₹53.13 Cr0.66%
MGTS AFH DA ASIA EX JAPAN EQUITY FUND MANAGED BY JP MORGAN ASSET MANAGEMENT LTD.67,884₹7.6 Cr0.09%
JP MORGAN FUND ICVC-JPM ASIA PACIFIC EQUITY FUND60,384₹6.76 Cr0.08%
JP MORGAN INVESTMENT FUNDS44,688₹5 Cr0.06%
ABU DHABI INVESTMENT AUTHORITY-MONSOON13,40,472₹150 Cr1.85%
ALLIANZ GLOBAL INVESTORS GLOBAL EMERGING MARKETS FUND4,25,544₹47.62 Cr0.59%
ALLIANZ GLOBAL INVESTORS FUND-ALLIANZ TOTAL RETURN ASIAN EQUITY3,23,412₹36.19 Cr0.45%
ALLIANZ GLOBAL INVESTORS FUND-ALLIANZ INDIA EQUITY2,55,324₹28.57 Cr0.35%
ALLIANZ GLOBAL INVESTORS FUND-ALLIANZ EMERGING MARKETS EQUITY OPPORTUNITIES1,44,684₹16.19 Cr0.2%
ALLIANZ EMERGING MARKETS EQUITY FUND1,02,132₹11.43 Cr0.14%
ALLIANZ TOTAL RETURN ASIAN EQUITY FUND89,376₹10 Cr0.12%
DF INTERNATIONAL PARTNERS II,LLC13,40,472₹150 Cr1.85%
INQ HOLDING LLC13,40,472₹150 Cr1.85%
ABU DHABI INVESTMENT AUTHORITY-STABLE8,04,276₹90 Cr1.11%
360 ONE PRIVATE EQUITY FUND-SERIES II89,376₹10 Cr0.12%
FRANKLIN INDIA ELSS TAX SAVER FUND3,35,124₹37.5 Cr0.46%
FRANKLIN INDIA MULTI CAP FUND2,79,264₹31.25 Cr0.39%
FRANKLIN INDIA SMALL CAP FUND2,79,264₹31.25 Cr0.39%
HDFC LIFE INSURANCE CO.LTD.8,93,652₹100 Cr1.23%
HDFC NPS TRUST-HDFC PENSION MANAGEMENT CO.LTD.-SCHEME E-TIER I7,14,936₹80 Cr0.99%
HDFC NPS TRUST-HDFC PENSION MANAGEMENT CO.LTD.-SCHEME E-TIER II80,424₹9 Cr0.11%
HDFC NPS TRUST-HDFC PF NPS EQUITY ADVANTAGE FUND-TIER I71,484₹8 Cr0.1%
HDFC NPS TRUST-HDFC PENSION MANAGEMENT CO.LTD.-NPS VATSALYA SCHEME26,808₹3 Cr0.04%
MIRAE ASSET LARGE CAP FUND7,14,924₹80 Cr0.99%
MIRAE ASSET AGGRESSIVE HYBRID FUND1,78,728₹20 Cr0.25%
REDWHEEL EMERGING MARKETS EQUITY MASTER FUND LTD.4,89,276₹54.75 Cr0.68%
REDWHEEL FUNDS-REDWHEEL GLOBAL EMERGING MARKETS FUND3,15,000₹35.25 Cr0.43%
REDWHEEL GLOBAL EMERGING EQUITY FUND89,376₹10 Cr0.12%
SBI LIFE INSURANCE CO.LTD.8,93,652₹100 Cr1.23%
SBI NPS TRUST-SBI PENSION FUND SCHEME-E TIER I6,70,236₹75 Cr0.92%
SBI NPS TRUST-SBI PENSION FUND SCHEME-CENTRAL GOVT.2,23,416₹25 Cr0.31%
WHITEOAK CAPITAL FLEXI CAP FUND4,20,012₹47 Cr0.58%
WHITEOAK CAPITAL MULTI CAP FUND1,07,244₹12 Cr0.15%
WHITEOAK CAPITAL LARGE & MID CAP FUND98,304₹11 Cr0.14%
WHITEOAK CAPITAL DIGITAL BHARAT FUND89,364₹10 Cr0.12%
WHITEOAK CAPITAL LARGE CAP FUND80,424₹9 Cr0.11%
WHITEOAK CAPITAL BALANCED ADVANTAGE FUND40,212₹4.5 Cr0.06%
WHITEOAK CAPITAL AGGRESSIVE HYBRID FUND22,344₹2.5 Cr0.03%
WHITEOAK CAPITAL ELSS TAX SAVER FUND20,112₹2.25 Cr0.03%
WHITEOAK CAPITAL BALANCED HYBRID FUND13,404₹1.5 Cr0.02%
WHITEOAK CAPITAL EQUITY SAVINGS FUND2,232₹0.25 Cr0%
AXIS MAX LIFE INSURANCE LTD.-ULIF 00125/06/04 LIFEGROWTH104-GROWTH FUND2,68,116₹30 Cr0.37%
AXIS MAX LIFE INSURANCE LTD.-SUSTAINABLE EQUITY FUND-ULIF02505/10/21 SUSTAINEQU10462,544₹7 Cr0.09%
AXIS MAX LIFE INSURANCE LTD.-ULIF 00225/06/04 LIFEBALANC 104-BALANCED FUND62,544₹7 Cr0.09%
AXIS MAX LIFE INSURANCE LTD.53,616₹6 Cr0.07%
AXIS LARGE CAP FUND2,12,760₹23.81 Cr0.29%
AXIS ELSS TAX SAVER FUND2,12,760₹23.81 Cr0.29%
AXIS MULTI ASSET ALLOCATION FUND21,300₹2.38 Cr0.03%
BAJAJ LIFE INSURANCE LTD.4,46,820₹50 Cr0.62%
BANDHAN LARGE & MID CAP FUND1,39,644₹15.63 Cr0.19%
BANDHAN MULTI CAP FUND1,04,736₹11.72 Cr0.14%
BANDHAN SMALL CAP FUND83,772₹9.37 Cr0.12%
BANDHAN AGGRESSIVE HYBRID FUND48,024₹5.37 Cr0.07%
BANDHAN LARGE CAP FUND35,736₹4 Cr0.05%
BANDHAN VALUE FUND34,908₹3.91 Cr0.05%
CITIGROUP GLOBAL MARKETS SINGAPORE PTE.LTD.-ODI4,46,820₹50 Cr0.62%
CANARA ROBECO LARGE CAP FUND2,23,404₹25 Cr0.31%
CANARA ROBECO EQUITY HYBRID FUND2,23,392₹25 Cr0.31%
CITADEL SECURITIES SINGAPORE PTE.LTD.4,46,820₹50 Cr0.62%
EASTSPRING INVESTMENTS-INDIA CONSUMER EQUITY OPEN LTD.1,78,716₹20 Cr0.25%
PRUDENTIAL HONG KONG LTD.-PHKL ASIA PACIFIC ACTIVE GROWTH EQUITY PORTFOLIO-AHAPAG-EASTSPRING GROWTH EQUITIES TEAM1,34,052₹15 Cr0.18%
EASTSPRING INVESTMENTS INDIA EQUITY OPEN LTD.1,34,052₹15 Cr0.18%
SHAMYAK INVESTMENT PVT.LTD.4,44,228₹49.71 Cr0.61%
FIDELITY FUNDS-INDIA FOCUS FUND4,46,820₹50 Cr0.62%
HCL CAPITAL PVT.LTD.4,46,820₹50 Cr0.62%
INVESCO INDIA CONTRA FUND4,46,820₹50 Cr0.62%
JANUS HENDERSON FUND-EMERGING MARKETS ASIA FUND2,53,212₹28.33 Cr0.35%
JANUS HENDERSON EMERGING MARKETS FUND96,840₹10.84 Cr0.13%
JANUS HENDERSON EMERGING MARKETS OPPORTUNITIES FUND96,768₹10.83 Cr0.13%
SOCIETE GENERALE-ODI4,46,820₹50 Cr0.62%
INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD.4,46,820₹50 Cr0.62%
MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND4,46,820₹50 Cr0.62%
MOTILAL OSWAL LARGE CAP FUND4,46,820₹50 Cr0.62%
GOVERNMENT PENSION FUND GLOBAL4,46,820₹50 Cr0.62%
PRAZIM TRADING & INVESTMENT CO.PVT.LTD.4,46,820₹50 Cr0.62%
SUNDARAM AGGRESSIVE HYBRID FUND2,85,972₹32 Cr0.39%
SUNDARAM MULTI ASSET ALLOCATION FUND97,404₹10.9 Cr0.13%
SUNDARAM DYNAMIC ASSET ALLOCATION FUND48,252₹5.4 Cr0.07%
SUNDARAM EQUITY SAVINGS FUND15,192₹1.7 Cr0.02%
T.ROWE PRICE NEW ASIA FUND4,46,820₹50 Cr0.62%
TATA FLEXI CAP FUND1,69,788₹19 Cr0.23%
TATA INDIA INNOVATION FUND98,304₹11 Cr0.14%
TATA RETIREMENT SAVINGS FUND-PROGRESSIVE PLAN98,304₹11 Cr0.14%
TATA RETIREMENT SAVINGS FUND-MODERATE PLAN76,404₹8.55 Cr0.11%
TATA RETIREMENT SAVINGS FUND-CONSERVATIVE PLAN4,020₹0.45 Cr0.01%
UTI VALUE FUND2,68,092₹30 Cr0.37%
UTI LARGE CAP FUND1,67,556₹18.75 Cr0.23%
UTI CONSERVATIVE HYBRID FUND11,172₹1.25 Cr0.02%
BARODA BNP PARIBAS INDIA CONSUMPTION FUND1,33,896₹14.98 Cr0.18%
BARODA BNP PARIBAS SERVICES FUND89,376₹10 Cr0.12%
EDELWEISS LARGE CAP FUND44,688₹5 Cr0.06%
ALTIVA EQUITY LONG-SHORT FUND44,688₹5 Cr0.06%
EDELWEISS FLEXI CAP FUND40,140₹4.49 Cr0.06%
EDELWEISS LARGE & MID CAP FUND40,140₹4.49 Cr0.06%
EDELWEISS CONSUMPTION FUND31,272₹3.5 Cr0.04%
EDELWEISS RECENTLY LISTED IPO FUND22,344₹2.5 Cr0.03%
ICICI PRUDENTIAL LIFE INSURANCE CO.LTD.2,23,272₹24.98 Cr0.31%
ICICI NPS TRUST-ICICI PRUDENTIAL PENSION FUND SCHEME E-TIER I2,23,272₹24.98 Cr0.31%
PRUDENTIAL ASSURANCE CO.LTD.,THE2,23,272₹24.98 Cr0.31%
RAINMATTER CAPITAL FUND2,23,272₹24.98 Cr0.31%
BAJAJ FINSERV LARGE & MID CAP FUND89,376₹10 Cr0.12%
BOFA SECURITIES EUROPE SA-ODI89,376₹10 Cr0.12%
BANK OF INDIA FLEXI CAP FUND89,376₹10 Cr0.12%
CANARA HSBC LIFE INSURANCE CO.LTD.89,376₹10 Cr0.12%
GO DIGIT GENERAL INSURANCE LTD.89,376₹10 Cr0.12%
HELIOS LARGE & MID CAP FUND89,376₹10 Cr0.12%
ICICI LOMBARD GENERAL INSURANCE CO.LTD.89,376₹10 Cr0.12%
JM LARGE & MIDCAP FUND49,152₹5.5 Cr0.07%
JM LARGE CAP FUND40,224₹4.5 Cr0.06%
KOTAK MAHINDRA LIFE INSURANCE CO.LTD.89,376₹10 Cr0.12%
MAHINDRA MANULIFE CONSUMPTION FUND44,688₹5 Cr0.06%
MAHINDRA MANULIFE MULTI ASSET ALLOCATION FUND44,688₹5 Cr0.06%
FOUNDERS COLLECTIVE FUND89,376₹10 Cr0.12%
INDUSIND NIPPON LIFE INSURANCE CO.LTD.89,376₹10 Cr0.12%
SBI GENERAL INSURANCE CO.LTD.89,376₹10 Cr0.12%
UNION LARGECAP FUND44,688₹5 Cr0.06%
UNION VALUE FUND44,688₹5 Cr0.06%
UTI NPS TRUST-UTI PENSION FUND SCHEME ATAL PENSION YOJANA (APY)78,900₹8.83 Cr0.11%
NPS TRUST-AC UTI PENSION FUND LIMITED SCHEME APY FUND9,300₹1.04 Cr0.01%
UTI NPS TRUST-UTI PENSION FUND-NPS VATSALYA SCHEMЕ1,176₹0.13 Cr0%
VALUE PARTNERS FUND SERIES-VALUE PARTNERS ASIAN INCOME FUND44,685₹5 Cr0.06%
VALUE PARTNERS HIGH-DIVIDEND STOCKS FUND44,685₹5 Cr0.06%
LIFE INSURANCE CORP.OF INDIA
Shares44,68,128
Amount₹499.98 Cr
Anchor %6.17%
BNP PARIBAS FINANCIAL MARKETS-ODI
Shares27,10,020
Amount₹303.25 Cr
Anchor %3.74%
BLACKROCK GLOBAL FUNDS-EMERGING MARKETS FUND
Shares3,32,016
Amount₹37.15 Cr
Anchor %0.46%
BLACKROCK GLOBAL FUNDS-INDIA FUND
Shares2,10,384
Amount₹23.54 Cr
Anchor %0.29%
BLACKROCK GLOBAL FUNDS-EMERGING MARKETS EX-CHINA FUND
Shares1,68,696
Amount₹18.88 Cr
Anchor %0.23%
BLACKROCK GLOBAL FUNDS-EMERGING MARKETS SUSTAINABLE EQUITY FUND
Shares1,40,580
Amount₹15.73 Cr
Anchor %0.19%
BLACKROCK EMERGING MARKETS FUND
Shares1,27,068
Amount₹14.22 Cr
Anchor %0.18%
BLACKROCK GLOBAL FUNDS-EMERGING MARKETS EQUITY INCOME FUND
Shares1,09,260
Amount₹12.23 Cr
Anchor %0.15%
NEW WORLD FUND,INC.
Shares43,45,548
Amount₹486.27 Cr
Anchor %6%
EUPAC FUND
Shares13,97,568
Amount₹156.39 Cr
Anchor %1.93%
CAPITAL GROUP EUPAC COMMON TRUST (US)
Shares2,12,928
Amount₹23.83 Cr
Anchor %0.29%
AMERICAN FUNDS DEVELOPING WORLD GROWTH & INCOME FUND
Shares1,95,048
Amount₹21.83 Cr
Anchor %0.27%
CAPITAL GROUP NEW WORLD TRUST (US)
Shares1,22,832
Amount₹13.74 Cr
Anchor %0.17%
AMERICAN FUNDS INSURANCE SERIES-NEW WORLD FUND
Shares1,15,632
Amount₹12.94 Cr
Anchor %0.16%
CAPITAL GROUP NEW GEOGRAPHY EQUITY ETF
Shares89,424
Amount₹10.01 Cr
Anchor %0.12%
FIDELITY CONTRAFUND: FIDELITY CONTRAFUND
Shares10,99,392
Amount₹123.02 Cr
Anchor %1.52%
FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH FUND
Shares6,31,404
Amount₹70.65 Cr
Anchor %0.87%
FIDELITY GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIDELITY CONTRAFUND COMMINGLED POOL
Shares4,03,404
Amount₹45.14 Cr
Anchor %0.56%
FIDELITY PURITAN TRUST: FIDELITY BALANCED FUND
Shares2,61,300
Amount₹29.24 Cr
Anchor %0.36%
FIDELITY SELECT PORTFOLIOS: TECHNOLOGY PORTFOLIO
Shares2,34,900
Amount₹26.29 Cr
Anchor %0.32%
FIDELITY CONTRAFUND: FIDELITY CONTRAFUND K6
Shares2,30,004
Amount₹25.74 Cr
Anchor %0.32%
FIDELITY INVESTMENT TRUST: FIDELITY SERIES EMERGING MARKETS OPPORTUNITIES FUND
Shares1,91,100
Amount₹21.38 Cr
Anchor %0.26%
FIDELITY SECURITIES FUND: FIDELITY BLUE CHIP GROWTH K6 FUND
Shares1,34,100
Amount₹15.01 Cr
Anchor %0.19%
FIDELITY GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIDELITY BLUE CHIP GROWTH COMMINGLED POOL
Shares1,11,504
Amount₹12.48 Cr
Anchor %0.15%
FIDELITY ADVISOR SERIES I: FIDELITY ADVISOR SERIES EQUITY GROWTH FUND
Shares1,02,900
Amount₹11.51 Cr
Anchor %0.14%
FIAM GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIAM TARGET DATE BLUE CHIP GROWTH COMMINGLED POOL
Shares66,000
Amount₹7.39 Cr
Anchor %0.09%
FIDELITY INVESTMENT TRUST: FIDELITY EMERGING MARKETS FUND
Shares64,296
Amount₹7.19 Cr
Anchor %0.09%
FIAM GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIAM EMERGING MARKETS OPPORTUNITIES COMMINGLED POOL
Shares57,900
Amount₹6.48 Cr
Anchor %0.08%
FIDELITY RUTLAND SQUARE TRUST II: STRATEGIC ADVISERS FIDELITY EMERGING MARKETS FUND AS MANAGED BY FIAM LLC
Shares55,728
Amount₹6.24 Cr
Anchor %0.08%
FIDELITY INVESTMENT TRUST: FIDELITY DIVERSIFIED INTERNATIONAL FUND
Shares55,200
Amount₹6.18 Cr
Anchor %0.08%
FIDELITY GROUP TRUST FOR EMPLOYEE BENEFIT PLANS: FIDELITY DIVERSIFIED INTERNATIONAL COMMINGLED POOL
Shares51,396
Amount₹5.75 Cr
Anchor %0.07%
FIDELITY INVESTMENT TRUST: FIDELITY SERIES EMERGING MARKETS FUND
Shares47,496
Amount₹5.31 Cr
Anchor %0.07%
GOVERNMENT OF SINGAPORE
Shares30,46,728
Amount₹340.93 Cr
Anchor %4.2%
MONETARY AUTHORITY OF SINGAPORE
Shares7,51,296
Amount₹84.07 Cr
Anchor %1.04%
HDFC FLEXI CAP FUND
Shares11,83,476
Amount₹132.43 Cr
Anchor %1.63%
HDFC LARGE CAP FUND
Shares11,28,972
Amount₹126.33 Cr
Anchor %1.56%
HDFC BALANCED ADVANTAGE FUND
Shares4,74,948
Amount₹53.15 Cr
Anchor %0.66%
HDFC CHILDREN'S FUND
Shares2,33,580
Amount₹26.14 Cr
Anchor %0.32%
HDFC RETIREMENT SAVINGS FUND-EQUITY PLAN
Shares2,33,580
Amount₹26.14 Cr
Anchor %0.32%
HDFC INNOVATION FUND
Shares2,10,228
Amount₹23.52 Cr
Anchor %0.29%
HDFC BUSINESS CYCLE FUND
Shares1,79,076
Amount₹20.04 Cr
Anchor %0.25%
HDFC RETIREMENT SAVINGS FUND-HYBRID EQUITY PLAN
Shares1,16,796
Amount₹13.07 Cr
Anchor %0.16%
HDFC CONSUMPTION FUND
Shares31,140
Amount₹3.48 Cr
Anchor %0.04%
HDFC HYBRID DEBT FUND
Shares6,228
Amount₹0.7 Cr
Anchor %0.01%
ICICI PRUDENTIAL EQUITY & DEBT FUND
Shares7,86,420
Amount₹88 Cr
Anchor %1.09%
ICICI PRUDENTIAL BALANCED ADVANTAGE FUND
Shares7,32,792
Amount₹82 Cr
Anchor %1.01%
ICICI PRUDENTIAL MULTI-ASSET FUND
Shares7,32,792
Amount₹82 Cr
Anchor %1.01%
ICICI PRUDENTIAL VALUE FUND
Shares7,32,792
Amount₹82 Cr
Anchor %1.01%
ICICI PRUDENTIAL LARGE CAP FUND
Shares3,66,396
Amount₹41 Cr
Anchor %0.51%
ICICI PRUDENTIAL BUSINESS CYCLE FUND
Shares2,23,416
Amount₹25 Cr
Anchor %0.31%
ICICI PRUDENTIAL ELSS TAX SAVER FUND
Shares2,23,416
Amount₹25 Cr
Anchor %0.31%
SBI FOCUSED FUND
Shares28,15,020
Amount₹315 Cr
Anchor %3.88%
SBI INFRASTRUCTURE FUND
Shares2,68,092
Amount₹30 Cr
Anchor %0.37%
SBI TECHNOLOGY OPPORTUNITIES FUND
Shares2,68,092
Amount₹30 Cr
Anchor %0.37%
SBI CONSUMPTION OPPORTUNITIES FUND
Shares2,68,092
Amount₹30 Cr
Anchor %0.37%
MAGNUM HYBRID LONG SHORT FUND
Shares1,78,728
Amount₹20 Cr
Anchor %0.25%
ADITYA BIRLA SUN LIFE FLEXI CAP FUND
Shares8,48,964
Amount₹95 Cr
Anchor %1.17%
ADITYA BIRLA SUN LIFE LARGE CAP FUND
Shares8,04,288
Amount₹90 Cr
Anchor %1.11%
ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND
Shares3,57,456
Amount₹40 Cr
Anchor %0.49%
ADITYA BIRLA SUN LIFE ELSS TAX SAVER FUND
Shares2,59,164
Amount₹29 Cr
Anchor %0.36%
ADITYA BIRLA SUN LIFE EQUITY HYBRID '95 FUND
Shares1,69,800
Amount₹19 Cr
Anchor %0.23%
ADITYA BIRLA SUN LIFE MULTI-CAP FUND
Shares1,51,920
Amount₹17 Cr
Anchor %0.21%
ADITYA BIRLA SUN LIFE CONSUMPTION FUND
Shares89,364
Amount₹10 Cr
Anchor %0.12%
SCHRODER INTERNATIONAL SELECTION FUND-EMERGING MARKETS
Shares6,33,828
Amount₹70.93 Cr
Anchor %0.87%
HARTFORD SCHRODERS EMERGING MARKETS EQUITY FUND
Shares6,24,084
Amount₹69.83 Cr
Anchor %0.86%
SCHRODER INTERNATIONAL SELECTION FUND-EMERGING ASIA
Shares4,40,796
Amount₹49.33 Cr
Anchor %0.61%
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM-SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA,INC.
Shares2,19,708
Amount₹24.59 Cr
Anchor %0.3%
PUBLIC SECTOR PENSION INVESTMENT BOARD- SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC.
Shares1,38,636
Amount₹15.51 Cr
Anchor %0.19%
FIDELITY RUTLAND SQUARE TRUST II: STRATEGIC ADVISERS EMERGING MARKETS FUND AS MANAGED BY SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC.
Shares1,34,256
Amount₹15.02 Cr
Anchor %0.19%
SCHRODER GLOBAL EMERGING MARKETS FUND
Shares95,508
Amount₹10.69 Cr
Anchor %0.13%
SCHRODER EMERGING MARKETS FUND, A SEPARATE INVESTMENT FUND WITHIN THE SCHRODER CAPITAL MANAGEMENT COLLECTIVE TRUST
Shares87,600
Amount₹9.8 Cr
Anchor %0.12%
SCHRODER INTERNATIONAL SELECTION FUND-BIC (BRAZIL, INDIA, CHINA)
Shares73,752
Amount₹8.25 Cr
Anchor %0.1%
SCHRODER INTERNATIONAL SELECTION FUND-SUSTAINABLE ASIAN EQUITY
Shares63,360
Amount₹7.09 Cr
Anchor %0.09%
SCHRODER INTERNATIONAL SELECTION FUND-INDIAN EQUITY
Shares55,104
Amount₹6.17 Cr
Anchor %0.08%
SCHRODER INTERNATIONAL OPPORTUNITIES PORTFOLIO-SCHRODER ASIA MORE(PLUS)
Shares50,964
Amount₹5.7 Cr
Anchor %0.07%
KOTAK MULTICAP FUND
Shares4,02,132
Amount₹45 Cr
Anchor %0.55%
KOTAK INFRASTRUCTURE & ECONOMIC REFORM FUND
Shares3,57,456
Amount₹40 Cr
Anchor %0.49%
KOTAK ELSS TAX SAVER FUND
Shares3,30,648
Amount₹37 Cr
Anchor %0.46%
KOTAK BALANCED ADVANTAGE FUND
Shares2,68,092
Amount₹30 Cr
Anchor %0.37%
KOTAK CONTRA FUND
Shares1,78,728
Amount₹20 Cr
Anchor %0.25%
KOTAK RURAL OPPORTUNITIES FUND
Shares1,60,848
Amount₹18 Cr
Anchor %0.22%
INFINITY HYBRID LONG-SHORT FUND
Shares89,400
Amount₹10 Cr
Anchor %0.12%
NINETY ONE EMERGING MARKETS EQUITY FUND
Shares9,18,912
Amount₹102.83 Cr
Anchor %1.27%
NINETY ONE GLOBAL SELECT LLC-NINETY ONE EMERGING MARKETS EQUITY FUND
Shares5,03,784
Amount₹56.37 Cr
Anchor %0.7%
HOSTPLUS POOLED SUPERANNUATION TRUST INVESTEC 4FACTOR
Shares1,66,140
Amount₹18.59 Cr
Anchor %0.23%
FLORIDA RETIREMENT SYSTEM-NINETY ONE NORTH AMERICA,INC.
Shares1,02,324
Amount₹11.45 Cr
Anchor %0.14%
INTERNATIONALE KAPITALANLAGEGESELLSCHAFT MBH ACTING FOR ACCOUNT OF ENTSORGUNGSFONDS
Shares96,144
Amount₹10.76 Cr
Anchor %0.13%
NIPPON INDIA MULTI CAP FUND
Shares8,93,652
Amount₹100 Cr
Anchor %1.23%
NIPPON INDIA LARGE CAP FUND
Shares8,93,652
Amount₹100 Cr
Anchor %1.23%
JP MORGAN FUNDS
Shares9,81,972
Amount₹109.88 Cr
Anchor %1.35%
JP MORGAN SAR ASIAN FUND
Shares4,74,780
Amount₹53.13 Cr
Anchor %0.66%
MGTS AFH DA ASIA EX JAPAN EQUITY FUND MANAGED BY JP MORGAN ASSET MANAGEMENT LTD.
Shares67,884
Amount₹7.6 Cr
Anchor %0.09%
JP MORGAN FUND ICVC-JPM ASIA PACIFIC EQUITY FUND
Shares60,384
Amount₹6.76 Cr
Anchor %0.08%
JP MORGAN INVESTMENT FUNDS
Shares44,688
Amount₹5 Cr
Anchor %0.06%
ABU DHABI INVESTMENT AUTHORITY-MONSOON
Shares13,40,472
Amount₹150 Cr
Anchor %1.85%
ALLIANZ GLOBAL INVESTORS GLOBAL EMERGING MARKETS FUND
Shares4,25,544
Amount₹47.62 Cr
Anchor %0.59%
ALLIANZ GLOBAL INVESTORS FUND-ALLIANZ TOTAL RETURN ASIAN EQUITY
Shares3,23,412
Amount₹36.19 Cr
Anchor %0.45%
ALLIANZ GLOBAL INVESTORS FUND-ALLIANZ INDIA EQUITY
Shares2,55,324
Amount₹28.57 Cr
Anchor %0.35%
ALLIANZ GLOBAL INVESTORS FUND-ALLIANZ EMERGING MARKETS EQUITY OPPORTUNITIES
Shares1,44,684
Amount₹16.19 Cr
Anchor %0.2%
ALLIANZ EMERGING MARKETS EQUITY FUND
Shares1,02,132
Amount₹11.43 Cr
Anchor %0.14%
ALLIANZ TOTAL RETURN ASIAN EQUITY FUND
Shares89,376
Amount₹10 Cr
Anchor %0.12%
DF INTERNATIONAL PARTNERS II,LLC
Shares13,40,472
Amount₹150 Cr
Anchor %1.85%
INQ HOLDING LLC
Shares13,40,472
Amount₹150 Cr
Anchor %1.85%
ABU DHABI INVESTMENT AUTHORITY-STABLE
Shares8,04,276
Amount₹90 Cr
Anchor %1.11%
360 ONE PRIVATE EQUITY FUND-SERIES II
Shares89,376
Amount₹10 Cr
Anchor %0.12%
FRANKLIN INDIA ELSS TAX SAVER FUND
Shares3,35,124
Amount₹37.5 Cr
Anchor %0.46%
FRANKLIN INDIA MULTI CAP FUND
Shares2,79,264
Amount₹31.25 Cr
Anchor %0.39%
FRANKLIN INDIA SMALL CAP FUND
Shares2,79,264
Amount₹31.25 Cr
Anchor %0.39%
HDFC LIFE INSURANCE CO.LTD.
Shares8,93,652
Amount₹100 Cr
Anchor %1.23%
HDFC NPS TRUST-HDFC PENSION MANAGEMENT CO.LTD.-SCHEME E-TIER I
Shares7,14,936
Amount₹80 Cr
Anchor %0.99%
HDFC NPS TRUST-HDFC PENSION MANAGEMENT CO.LTD.-SCHEME E-TIER II
Shares80,424
Amount₹9 Cr
Anchor %0.11%
HDFC NPS TRUST-HDFC PF NPS EQUITY ADVANTAGE FUND-TIER I
Shares71,484
Amount₹8 Cr
Anchor %0.1%
HDFC NPS TRUST-HDFC PENSION MANAGEMENT CO.LTD.-NPS VATSALYA SCHEME
Shares26,808
Amount₹3 Cr
Anchor %0.04%
MIRAE ASSET LARGE CAP FUND
Shares7,14,924
Amount₹80 Cr
Anchor %0.99%
MIRAE ASSET AGGRESSIVE HYBRID FUND
Shares1,78,728
Amount₹20 Cr
Anchor %0.25%
REDWHEEL EMERGING MARKETS EQUITY MASTER FUND LTD.
Shares4,89,276
Amount₹54.75 Cr
Anchor %0.68%
REDWHEEL FUNDS-REDWHEEL GLOBAL EMERGING MARKETS FUND
Shares3,15,000
Amount₹35.25 Cr
Anchor %0.43%
REDWHEEL GLOBAL EMERGING EQUITY FUND
Shares89,376
Amount₹10 Cr
Anchor %0.12%
SBI LIFE INSURANCE CO.LTD.
Shares8,93,652
Amount₹100 Cr
Anchor %1.23%
SBI NPS TRUST-SBI PENSION FUND SCHEME-E TIER I
Shares6,70,236
Amount₹75 Cr
Anchor %0.92%
SBI NPS TRUST-SBI PENSION FUND SCHEME-CENTRAL GOVT.
Shares2,23,416
Amount₹25 Cr
Anchor %0.31%
WHITEOAK CAPITAL FLEXI CAP FUND
Shares4,20,012
Amount₹47 Cr
Anchor %0.58%
WHITEOAK CAPITAL MULTI CAP FUND
Shares1,07,244
Amount₹12 Cr
Anchor %0.15%
WHITEOAK CAPITAL LARGE & MID CAP FUND
Shares98,304
Amount₹11 Cr
Anchor %0.14%
WHITEOAK CAPITAL DIGITAL BHARAT FUND
Shares89,364
Amount₹10 Cr
Anchor %0.12%
WHITEOAK CAPITAL LARGE CAP FUND
Shares80,424
Amount₹9 Cr
Anchor %0.11%
WHITEOAK CAPITAL BALANCED ADVANTAGE FUND
Shares40,212
Amount₹4.5 Cr
Anchor %0.06%
WHITEOAK CAPITAL AGGRESSIVE HYBRID FUND
Shares22,344
Amount₹2.5 Cr
Anchor %0.03%
WHITEOAK CAPITAL ELSS TAX SAVER FUND
Shares20,112
Amount₹2.25 Cr
Anchor %0.03%
WHITEOAK CAPITAL BALANCED HYBRID FUND
Shares13,404
Amount₹1.5 Cr
Anchor %0.02%
WHITEOAK CAPITAL EQUITY SAVINGS FUND
Shares2,232
Amount₹0.25 Cr
Anchor %0%
AXIS MAX LIFE INSURANCE LTD.-ULIF 00125/06/04 LIFEGROWTH104-GROWTH FUND
Shares2,68,116
Amount₹30 Cr
Anchor %0.37%
AXIS MAX LIFE INSURANCE LTD.-SUSTAINABLE EQUITY FUND-ULIF02505/10/21 SUSTAINEQU104
Shares62,544
Amount₹7 Cr
Anchor %0.09%
AXIS MAX LIFE INSURANCE LTD.-ULIF 00225/06/04 LIFEBALANC 104-BALANCED FUND
Shares62,544
Amount₹7 Cr
Anchor %0.09%
AXIS MAX LIFE INSURANCE LTD.
Shares53,616
Amount₹6 Cr
Anchor %0.07%
AXIS LARGE CAP FUND
Shares2,12,760
Amount₹23.81 Cr
Anchor %0.29%
AXIS ELSS TAX SAVER FUND
Shares2,12,760
Amount₹23.81 Cr
Anchor %0.29%
AXIS MULTI ASSET ALLOCATION FUND
Shares21,300
Amount₹2.38 Cr
Anchor %0.03%
BAJAJ LIFE INSURANCE LTD.
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
BANDHAN LARGE & MID CAP FUND
Shares1,39,644
Amount₹15.63 Cr
Anchor %0.19%
BANDHAN MULTI CAP FUND
Shares1,04,736
Amount₹11.72 Cr
Anchor %0.14%
BANDHAN SMALL CAP FUND
Shares83,772
Amount₹9.37 Cr
Anchor %0.12%
BANDHAN AGGRESSIVE HYBRID FUND
Shares48,024
Amount₹5.37 Cr
Anchor %0.07%
BANDHAN LARGE CAP FUND
Shares35,736
Amount₹4 Cr
Anchor %0.05%
BANDHAN VALUE FUND
Shares34,908
Amount₹3.91 Cr
Anchor %0.05%
CITIGROUP GLOBAL MARKETS SINGAPORE PTE.LTD.-ODI
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
CANARA ROBECO LARGE CAP FUND
Shares2,23,404
Amount₹25 Cr
Anchor %0.31%
CANARA ROBECO EQUITY HYBRID FUND
Shares2,23,392
Amount₹25 Cr
Anchor %0.31%
CITADEL SECURITIES SINGAPORE PTE.LTD.
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
EASTSPRING INVESTMENTS-INDIA CONSUMER EQUITY OPEN LTD.
Shares1,78,716
Amount₹20 Cr
Anchor %0.25%
PRUDENTIAL HONG KONG LTD.-PHKL ASIA PACIFIC ACTIVE GROWTH EQUITY PORTFOLIO-AHAPAG-EASTSPRING GROWTH EQUITIES TEAM
Shares1,34,052
Amount₹15 Cr
Anchor %0.18%
EASTSPRING INVESTMENTS INDIA EQUITY OPEN LTD.
Shares1,34,052
Amount₹15 Cr
Anchor %0.18%
SHAMYAK INVESTMENT PVT.LTD.
Shares4,44,228
Amount₹49.71 Cr
Anchor %0.61%
FIDELITY FUNDS-INDIA FOCUS FUND
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
HCL CAPITAL PVT.LTD.
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
INVESCO INDIA CONTRA FUND
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
JANUS HENDERSON FUND-EMERGING MARKETS ASIA FUND
Shares2,53,212
Amount₹28.33 Cr
Anchor %0.35%
JANUS HENDERSON EMERGING MARKETS FUND
Shares96,840
Amount₹10.84 Cr
Anchor %0.13%
JANUS HENDERSON EMERGING MARKETS OPPORTUNITIES FUND
Shares96,768
Amount₹10.83 Cr
Anchor %0.13%
SOCIETE GENERALE-ODI
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD.
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
MOTILAL OSWAL LARGE CAP FUND
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
GOVERNMENT PENSION FUND GLOBAL
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
PRAZIM TRADING & INVESTMENT CO.PVT.LTD.
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
SUNDARAM AGGRESSIVE HYBRID FUND
Shares2,85,972
Amount₹32 Cr
Anchor %0.39%
SUNDARAM MULTI ASSET ALLOCATION FUND
Shares97,404
Amount₹10.9 Cr
Anchor %0.13%
SUNDARAM DYNAMIC ASSET ALLOCATION FUND
Shares48,252
Amount₹5.4 Cr
Anchor %0.07%
SUNDARAM EQUITY SAVINGS FUND
Shares15,192
Amount₹1.7 Cr
Anchor %0.02%
T.ROWE PRICE NEW ASIA FUND
Shares4,46,820
Amount₹50 Cr
Anchor %0.62%
TATA FLEXI CAP FUND
Shares1,69,788
Amount₹19 Cr
Anchor %0.23%
TATA INDIA INNOVATION FUND
Shares98,304
Amount₹11 Cr
Anchor %0.14%
TATA RETIREMENT SAVINGS FUND-PROGRESSIVE PLAN
Shares98,304
Amount₹11 Cr
Anchor %0.14%
TATA RETIREMENT SAVINGS FUND-MODERATE PLAN
Shares76,404
Amount₹8.55 Cr
Anchor %0.11%
TATA RETIREMENT SAVINGS FUND-CONSERVATIVE PLAN
Shares4,020
Amount₹0.45 Cr
Anchor %0.01%
UTI VALUE FUND
Shares2,68,092
Amount₹30 Cr
Anchor %0.37%
UTI LARGE CAP FUND
Shares1,67,556
Amount₹18.75 Cr
Anchor %0.23%
UTI CONSERVATIVE HYBRID FUND
Shares11,172
Amount₹1.25 Cr
Anchor %0.02%
BARODA BNP PARIBAS INDIA CONSUMPTION FUND
Shares1,33,896
Amount₹14.98 Cr
Anchor %0.18%
BARODA BNP PARIBAS SERVICES FUND
Shares89,376
Amount₹10 Cr
Anchor %0.12%
EDELWEISS LARGE CAP FUND
Shares44,688
Amount₹5 Cr
Anchor %0.06%
ALTIVA EQUITY LONG-SHORT FUND
Shares44,688
Amount₹5 Cr
Anchor %0.06%
EDELWEISS FLEXI CAP FUND
Shares40,140
Amount₹4.49 Cr
Anchor %0.06%
EDELWEISS LARGE & MID CAP FUND
Shares40,140
Amount₹4.49 Cr
Anchor %0.06%
EDELWEISS CONSUMPTION FUND
Shares31,272
Amount₹3.5 Cr
Anchor %0.04%
EDELWEISS RECENTLY LISTED IPO FUND
Shares22,344
Amount₹2.5 Cr
Anchor %0.03%
ICICI PRUDENTIAL LIFE INSURANCE CO.LTD.
Shares2,23,272
Amount₹24.98 Cr
Anchor %0.31%
ICICI NPS TRUST-ICICI PRUDENTIAL PENSION FUND SCHEME E-TIER I
Shares2,23,272
Amount₹24.98 Cr
Anchor %0.31%
PRUDENTIAL ASSURANCE CO.LTD.,THE
Shares2,23,272
Amount₹24.98 Cr
Anchor %0.31%
RAINMATTER CAPITAL FUND
Shares2,23,272
Amount₹24.98 Cr
Anchor %0.31%
BAJAJ FINSERV LARGE & MID CAP FUND
Shares89,376
Amount₹10 Cr
Anchor %0.12%
BOFA SECURITIES EUROPE SA-ODI
Shares89,376
Amount₹10 Cr
Anchor %0.12%
BANK OF INDIA FLEXI CAP FUND
Shares89,376
Amount₹10 Cr
Anchor %0.12%
CANARA HSBC LIFE INSURANCE CO.LTD.
Shares89,376
Amount₹10 Cr
Anchor %0.12%
GO DIGIT GENERAL INSURANCE LTD.
Shares89,376
Amount₹10 Cr
Anchor %0.12%
HELIOS LARGE & MID CAP FUND
Shares89,376
Amount₹10 Cr
Anchor %0.12%
ICICI LOMBARD GENERAL INSURANCE CO.LTD.
Shares89,376
Amount₹10 Cr
Anchor %0.12%
JM LARGE & MIDCAP FUND
Shares49,152
Amount₹5.5 Cr
Anchor %0.07%
JM LARGE CAP FUND
Shares40,224
Amount₹4.5 Cr
Anchor %0.06%
KOTAK MAHINDRA LIFE INSURANCE CO.LTD.
Shares89,376
Amount₹10 Cr
Anchor %0.12%
MAHINDRA MANULIFE CONSUMPTION FUND
Shares44,688
Amount₹5 Cr
Anchor %0.06%
MAHINDRA MANULIFE MULTI ASSET ALLOCATION FUND
Shares44,688
Amount₹5 Cr
Anchor %0.06%
FOUNDERS COLLECTIVE FUND
Shares89,376
Amount₹10 Cr
Anchor %0.12%
INDUSIND NIPPON LIFE INSURANCE CO.LTD.
Shares89,376
Amount₹10 Cr
Anchor %0.12%
SBI GENERAL INSURANCE CO.LTD.
Shares89,376
Amount₹10 Cr
Anchor %0.12%
UNION LARGECAP FUND
Shares44,688
Amount₹5 Cr
Anchor %0.06%
UNION VALUE FUND
Shares44,688
Amount₹5 Cr
Anchor %0.06%
UTI NPS TRUST-UTI PENSION FUND SCHEME ATAL PENSION YOJANA (APY)
Shares78,900
Amount₹8.83 Cr
Anchor %0.11%
NPS TRUST-AC UTI PENSION FUND LIMITED SCHEME APY FUND
Shares9,300
Amount₹1.04 Cr
Anchor %0.01%
UTI NPS TRUST-UTI PENSION FUND-NPS VATSALYA SCHEMЕ
Shares1,176
Amount₹0.13 Cr
Anchor %0%
VALUE PARTNERS FUND SERIES-VALUE PARTNERS ASIAN INCOME FUND
Shares44,685
Amount₹5 Cr
Anchor %0.06%
VALUE PARTNERS HIGH-DIVIDEND STOCKS FUND
Shares44,685
Amount₹5 Cr
Anchor %0.06%

show_chartGrey Market Premium

GMP Trend
₹+254+22.7%
The GMP has shown a strong and stable trend, with a peak of ₹259.0 and current GMP of ₹254.0.

Grey-market premium history is not yet available for this issue.

Market Sentiment
Strongly positive

Premium gain of 22.7% over issue price.

grid_viewSubscription Demand

Category Subscription (×)
QIB
—
HNI
—
Retail
—
Overall
2×
All Categories
Allotment Estimates
2×
Approximately 7 lots
4×
lots
7×
Approximately 2 lots
10×

my_locationObjects of the Issue

my_location
Debt Repayment
Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, namely, RJIL; and | Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, RJIL 275,000 275,000 | Prepayment, in full or in part, of certain outstanding borrowings availed by the Material Subsidiary, namely, RJIL. The Material Subsidiary of the Company, RJIL, has entered into various borrowing arrangements including term loans in the nature of external commercial borrowings (“ECB”). An aggregate amount of up to ₹275,000 million from the Net Proceeds is proposed to be utilized towards prepayment, in full or in part, of the principal amount outstanding of certain borrowings availed by RJIL. Our Company believes that such prepayment will help reduce the Net Debt and the associated servicing costs, and improve our Net Leverage and the NAV of the Equity Shares, thereby improving the results of our operations and financial condition. Additionally, the Company believes that this would improve our ability to raise further resources in the future to fund potential business development opportunities. The Company believes that the progressive deleveraging of the balance sheet, further strengthened by the proposed prepayment from the Net
my_location
General Corporate Purpose
General corporate purposes, (collectively, the “Objects”). Additionally, we expect to achieve the benefits of listing of the Equity Shares on the Stock Exchanges and creation of a public market for the Equity Shares. The objects of the Company and matters which are necessary in furtherance of the objects as contained in the MoA enables the Company to undertake its existing business activities. Further, the main objects and objects incidental and ancillary to the main objects set out in the memorandum of association of RJIL, enables RJIL to undertake the activities which were funded by the borrowing proposed to be prepaid in full or in part from the Net Proceeds. Net Proceeds The details of the proceeds of the Issue are summarized in the table below: | General corporate purposes* [●] [●] | General corporate purposes The Company intends to deploy from the Net Proceeds a sum of up to ₹[●] million either by itself or through its Subsidiaries towards general corporate purposes which may include, amongst others, the following: (i) strategic initiatives; (ii) funding organic and inorganic growth opportunities; (iii) payment of deferred payment liability; (iv) strengthening marketing capabilities and brand building exercises;
my_location
Other
i. Australia and New Zealand Banking Group Limited, Singapore Branch; ii. Bank of America N.A., Hong Kong Branch; iii. The Bank of Nova Scotia, Singapore Branch; iv. Barclays Bank PLC; v. BNP Paribas, acting through
my_location
Other
i. Australia and New Zealand Banking Group Limited, Singapore Branch; ii. BNP Paribas, acting through its Singapore Branch; iii. Bank of America N.A., Hong Kong Branch iv. The Bank of Nova Scotia, Singapore Branch
my_location
Other
i. Bank of America, National Association, Hong Kong Branch; ii. The Hongkong and Shanghai Banking Corporation Limited; iii. DBS Bank Ltd.; iv. Mizuho

thumb_upKey Strengths

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Consistent strong revenue and profit growth (CAGR of 16.7% and 18.3% respectively from FY24-FY26).

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High and stable EBITDA and PAT margins (53.26% and 19.82% in Q1FY27).

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Strong competitive position as a technology company with full-stack proprietary capabilities.

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Significant market opportunity in India's growing digital connectivity and telecommunications sector (industry CAGR 11.77%).

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High scalability driven by increasing smartphone penetration and digital economy expansion.

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Strong promoter holding (64.48% post-IPO).

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Very strong market sentiment indicated by a high GMP (22.7% premium) and participation of 212 high-quality anchor investors.

warningRisk Analysis

0
Critical
0
High
5
Moderate
3
Low
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Regulatory changes and adverse application of competition laws could impact business operations and financial condition.
Moderate
error
Geo-political instability or public health emergencies could affect the Indian and global economies, impacting interest rates and disposable income.
Moderate
error
Any downgrading of India’s sovereign debt rating could negatively affect the business.
Moderate
error
Concentration risk due to the promoter continuing to hold a substantial shareholding post-Issue.
Moderate
error
General litigation risks across tax, regulatory, criminal, and civil/arbitration matters, though specific impacts are not detailed.
Moderate
info
Operational risks such as internal or external fraud or misconduct by employees.
Low
info
Impact of future employee stock options on profit and loss accounts.
Low
info
Technology risk related to maintaining effective internal control systems.
Low

insightsFuture Outlook

rocket_launchBull Case
Revenue
₹2,00,000 Cr
PAT Margin
22%

Rapid 5G adoption, successful monetization of new digital services (JioBrain, cloud platforms), continued expansion of the digital economy, and strategic acquisitions.

timelineBase Case
Revenue
₹1,75,000 Cr
PAT Margin
20%

Consistent growth in line with industry trends, stable subscriber additions, steady increase in data consumption, and effective debt management.

trending_downBear Case
Revenue
₹1,55,000 Cr
PAT Margin
18%

Slower-than-expected 5G rollout, intense competition leading to pricing pressure, adverse regulatory changes, and macroeconomic headwinds impacting consumer spending.

auto_awesomeAI Insights

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Positive: Consistent strong revenue and profit growth (CAGR > 16%).

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Concern: Moderate RoNW (9.42% for FY26).

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Listing-gain vs long-term: Apply / Apply.

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Concern: General regulatory and competition risks inherent in the telecom sector.

On this report