Jio Platforms' shares jump 21% on Mumbai debut, making it India's second-largest firm

Upstox • 28 Oct 06:09

Jio Platforms' debut on the stock exchange valued the company at about ₹12.5 lakh crore, placing it second only to Reliance Industries in India's market-capitalisation rankings.

TechCrunch • 28 Oct 05:20

Jio Platforms' stock opened 21% higher on its first day of trading, valuing the company at about $132 billion after raising $3.2 billion in India's most subscribed IPO.

Moneycontrol.com • 28 Oct 04:19

Jio Platforms' shares opened above the IPO price by more than 21%, raising the company's market capitalization to over Rs 12.6 lakh crore and placing it second among Indian firms by value.

Reuters • 28 Oct 00:34

Jio Platforms' stock opened above its offer price, rising 21% on its first day of trading in Mumbai, giving Reliance Industries a strong market debut.

Livemint • 27 Oct 03:51

Reliance's Jio Platforms will debut on Indian stock exchanges on Oct. 28 after a heavily oversubscribed ₹30,213-crore offering, with grey-market premiums suggesting a potential price above the issue range.

NDTV Profit • 26 Oct 10:57

Jio Platforms' Rs 30,213-crore offering, subscribed over 22 times, will list on Oct. 28, with analysts noting its fresh-issue structure and strong institutional demand could help it avoid the first-day losses seen in earlier large IPOs.

Upstox • 26 Oct 10:27

The Jio Platforms public issue, sized at ₹30,188 crore, was subscribed 22.19 times and will begin trading on October 28, 2026.

India Infoline • 26 Oct 09:34

The Jio IPO, subscribed 21.36 times, allows applicants to check allotment status on NSE and BSE portals, with shares to be credited before the listing date and refunds processed for unsuccessful applicants.

Upstox • 25 Oct 11:33

The Jio Platforms IPO will allocate shares to investors on Oct. 26, after a heavily subscribed offering, and the shares are slated to begin trading on Indian exchanges on Oct. 28.