Jio Platforms shares surge 21% on Mumbai debut, India's largest IPO

Reuters • 28 Հոկ 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 Հոկ 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 Հոկ 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 Հոկ 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 Հոկ 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 Հոկ 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.