IPO | DD News

October 28, 2026 10:29 AM

Jio platforms lists at Rs 1,358, commands 21% premium over IPO price

Jio Platforms made a strong debut on the stock market on Wednesday, listing at Rs 1,358 per share, a premium of 21.35 per cent over its issue price of Rs 1,119, following an overwhelming response to its initial public offering (IPO). According to exchange data, the shares were trading at Rs 1,357.45, up Rs 238.45 or 21.31 per cent from the issue price. The stock touched an early high of Rs 1,374 per share. At the prevailing price, Jio Platforms' market capitalisation stood at around Rs 12.5 la...

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...

September 29, 2026 8:19 PM

Anthropic eyes USD 518 billion AI buildout; backed by about 80% non-cancellable deals

Anthropic expects to spend at least USD 518 billion over the next decade to secure AI computing infrastructure from six partners, with about 80 per cent of the commitments either non-cancellable or payable regardless of usage, according to a Reuters report. The AI startup said it plans to spend at least USD 111.1 billion with Google, USD 110 billion with Amazon and USD 31.4 billion with Microsoft under long-term infrastructure service obligations over the next seven to 10 years “regardless of...

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...

March 21, 2025 8:34 PM

SEBI proposes ESOP benefits for startup founders even after IPO

The Securities and Exchange Board of India (SEBI) has proposed a rule change that would allow startup founders to retain Employee Stock Option Plans (ESOPs) even after their company goes public. This move aims to support founders of new-age technology companies, who often receive ESOPs in place of cash salaries during their company’s early years. ESOPs align founders' interests with those of other shareholders. However, as startups raise investments, founders’ ownership stakes are diluted....

November 4, 2024 5:07 PM

Reliance Jio IPO expected to launch in Indian stock market by 2025: report

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, is reportedly aiming to list the group's telecom business, Jio, in the Indian stock market next year. According to a report by Reuters, which cites two informed sources, Jio is currently valued by analysts at over USD 100 billion. The report indicates that while the IPO for Reliance Jio is in the pipeline, the launch of the retail unit's IPO is anticipated to occur "much later." Ambani has not updated the IPO timelines since ...

October 22, 2024 5:10 PM

Hyundai Motor India drops 7% on debut after country’s biggest IPO

Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country's biggest ever initial public offering (IPO) amid concerns about a lofty valuation and an auto industry slowdown. The stock listed at 1,934 rupees on the National Stock Exchange, below its offer price of 1,960 rupees, and fell as much as 7.6% before closing at 1,819.60 rupees. That valued the company at 1.48 trillion rupees ($17.6 billion). Hyundai, India's No. ...

October 17, 2024 2:41 PM

Hyundai Motor India’s record $3.3 billion IPO fully subscribed on final day of bidding

A $3.3-billion initial public offering by Hyundai Motor India was fully subscribed on the final day of bidding on Thursday, with domestic banks and mutual funds buying into the country's first automaker to go public in two decades. As companies rush to go public after a sharp run-up in the Indian equities market this year, Hyundai Motor's first listing outside South Korea ranks as India's biggest ever and the world's second-largest IPO in 2024. Subscription on the final day was driven by quali...

September 16, 2024 4:46 PM

Ola IPO opens tomorrow with price band Rs 72-76; retail investors can bid for a minimum of 195 shares

Ola Electric Mobility Limited, a pioneer in India's electric vehicle (EV) sector, is poised to launch its Initial Public Offering (IPO) on Friday, August 2, 2024. The Bengaluru-based company has set the price band for its shares at Rs 72 to Rs 76 each. The IPO, which will remain open until Tuesday, August 6, consists of a fresh issue of equity shares worth Rs 5,500 crore and an offer for sale (OFS) of up to 84,941,997 equity shares. Retail investors can bid for a minimum of 195 shares, requirin...