Jio Platforms IPO: Should you subscribe? Anand Rathi sees long-term potential in AI, reasonable valuations

Anand Rathi recommends subscribing to Jio Platforms’ upcoming issue for the long term, valuing the company at about ₹10.3 lakh crore at the upper price. The brokerage cites its market leadership, integrated digital ecosystem and growth prospects, while flagging some risks.