How to Read a DRHP: Jio Platforms IPO, Page by Page

Speak to Pratik Sir: https://wizenius.wixforms.com/f/70916... Most people read the IPO headline and stop. In this video we read the Red Herring Prospectus of Jio Platforms Limited (dated 14 October 2026) itself, and rebuild the key numbers in Excel. You will learn where to look, what to calculate, and how to find the reason behind each number: • The Issue (page 72): fresh issue vs offer for sale, issue size at ₹1,065 and ₹1,119, and dilution of about 2.93% • Objects of the Issue (pages 116 to 121): ₹27,500 crore to prepay RJIL loans, the 25% cap on general corporate purposes, and why you read the notes under a table • Capital Structure (pages 99 to 108): who owns Jio, how Reliance's stake moves from 66.43% to about 64.48%, 2020 entry prices and lock-ins • Restated P&L, KPIs and MD&A (pages 76, 131, 447, 448): revenue growth, margins, why cash tax is so low, and how an asset-life change moved profit • Net debt (pages 75, 132, 137, 364): 0.36x on the company's definition, about 1.91x once spectrum dues and leases are added back • Basis for Issue Price (pages 129, 130): P/E, P/B and the peer set • Litigation and Risk Factors (pages 33, 117, 463, 464): the materiality threshold and the numbers inside the risk factors Source: Jio Platforms Limited, Red Herring Prospectus dated 14 October 2026. This video is for learning only. It is not investment advice. Learn this on live deals and real models at Wizenius: https://www.wizenius.com Be Deal Ready. Chapters 0:00 Introduction: reading the Jio Platforms RHP 1:06 Start with the contents page 2:11 Tab 1: The Issue (page 72) 4:47 Tab 2: Objects of the Issue (pages 116 to 121) 7:16 Tab 3: Who owns Jio, dilution and lock-ins 10:52 Tab 4: The profit story (P&L, KPIs, tax, MD&A) 14:05 Tab 5: Net debt and the footnote 17:18 Tab 6: P/E, P/B and peers 19:08 Tab 7: Materiality, litigation and risk factors 21:33 Recap and homework 22:17 Wizenius: learn this on live deals