BusinessPhoto: News18 BusinessJio Platforms Becomes India's 2nd Largest Company After IPO Listing
Jio Platforms made a historic debut on October 28, listing at a 21.4% premium over its IPO price of Rs 1,119, with shares at Rs 1,358. This surge valued the company at around Rs 12.6 lakh crore, making it India's second-most valuable listed firm. It surpassed Bharti Airtel as the top telecom company by market cap, reinforcing Reliance Industries as India's most valuable conglomerate. The listing was celebrated at the NSE with Ambani family members present.
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