Jio Platforms celebrated a remarkable stock market entry, debuting at Rs 1,358 per share. The IPO attracted an impressive 22.19 times oversubscription, with bids surpassing Rs 7.4 lakh crore. Following this, the firm’s market capitalisation soared to around Rs 12.5 lakh crore, securing its position as India’s second most valuable company. Jio Platforms celebrated a remarkable stock market entry, debuting at Rs 1,358 per share. The IPO attracted an impressive 22.19 times oversubscription, with bids surpassing Rs 7.4 lakh crore. Following this, the firm’s market capitalisation soared to around Rs 12.5 lakh crore, securing its position as India’s second most valuable company.
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Jio makes strong debut at 21% premium to become India’s second-most valuable firm
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