Jio Platforms IPO surge leads analysts to forecast Rs 36,500 crore passive inflows
Moneycontrol. com reported that analysts expect Jio Platforms could attract about Rs 36,500 crore of passive fund inflows if the company is added to the Nifty 50 in September 2027 and the BSE Sensex in December 2027. Reuters said the stock opened above its offer price on Oct 28, 2026 in Mumbai, jumping 21% on its first day of trading, and BusinessLine noted a further 5% gain on the second day. CNBC reported that the IPO gave Jio Platforms a market valuation of roughly 13 trillion rupees, making it India’s second-most valuable firm.
Reuters also said retail investors used margin financing of about 22. 28 billion rupees to buy the shares on the debut, ranking it among the country’s largest margin-funded stocks. The Economic Times added that the shares rose more than 28% over the first three trading sessions, prompting several brokerages to issue bullish ratings. Upstox reported that the IPO allotment took place on Oct 26, 2026 after the issue was subscribed more than 22 times, and that shares were listed for trading on Oct 28 on both the NSE and BSE, a process also described by India Infoline, which said applicants could verify their allotment status online.