BusinessPhoto: Mint CompaniesJio IPO Demand Exceeds Expectations, Shares Debut 21% Higher
Akash Ambani, MD of Jio Platforms Limited, stated that the demand for Jio's IPO surpassed expectations. The offering was subscribed over 22 times, and Jio shares debuted on the BSE at a 21% premium to the issue price. Ambani thanked shareholders and expressed confidence in the company's future prospects.
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