Jio to make trading debut after record $3.2 billion IPO

October 28, 2026 8:59 AM

Jio to make trading debut after record $3.2 billion IPO

Reliance Industries Chairman Mukesh Ambani's telecom and digital services arm, Jio Platforms, is set to make its stock market debut in Mumbai on Wednesday after its $3.2 billion initial public offering (IPO) attracted bids worth $77 billion, making it India's most-subscribed offering, according to the supplied report. Valued at up to $108.3 billion, Jio Platforms serves more than 530 million customers and could become one of India's largest companies by market capitalisation following its listi...

Deal value in India nearly doubles to $157.9 billion in 2025; IPO activity remains robust

January 2, 2026 3:33 PM

Deal value in India nearly doubles to $157.9 billion in 2025; IPO activity remains robust

Dealmaking in India delivered a breakout year in 2025, with total deal value nearly doubling to $157.9 billion - up 91 per cent from 2024 and marking a three-year high -while the number of announced deals edged past last year’s all-time high by 0.7 per cent, according to a report released on Friday. The surge was driven by large domestic spin-offs, share buybacks, consolidation across core industries, and sustained cross-border interest. Industrials, Energy and Power, Financials, and High Tec...