Jio Platforms IPO Preview: Meta and Google Stakes, 7,220 Patents and Loss-Making Subsidiaries
Jio Platforms has launched India's largest-ever IPO, planning to issue up to 27 crore new shares, representing about 2.93% of post-issue share capital, with RIL's stake to be diluted from 66.43% to about 64.4%. Meta affiliate Jaadhu Holdings holds a 9.98% stake, and Google International holds 7.73%. As of June, the company had cumulatively filed 7,220 patent applications, of which 1,043 were granted; in FY26, 11 subsidiaries were loss-making, rising to 15 in Q1 FY27, with a combined loss after tax of 20.5 crore rupees.
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