JIO IPO : VALUATION LOOKS REASONABLE AGAINST AIRTEL ; ANALYSTS SAY SUBSCRIBE , FLAG 5 RISKS

What happened: At least two brokerages recommended subscribing to the Jio Platforms Ltd IPO, which opens for public bidding on October 21, citing reasonable valuations. Key numbers: 53.33 crore customers. 50 per cent wireless broadband share. 42.6 per cent fixed broadband share. 60 per cent of India wireless data traffic. Why it matters: Analysts cited market leadership, pricing power, growth levers and execution record, while flagging five risks. Emkay Global said the valuation looks reasonable against Airtel.

At least two brokerages recommended subscribing to the Jio Platforms Ltd IPO, which opens for public bidding on October 21, citing reasonable valuations.

Analysts cited market leadership, pricing power, growth levers and execution record, while flagging five risks. Emkay Global said the valuation looks reasonable against Airtel.