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

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...

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...