BusinessPhoto: News18Hi BusinessJio Platforms IPO Lists at ₹1,358, Becomes India's 2nd Most Valuable Company
Jio Platforms listed on the stock market on October 28 at ₹1,358 per share, a 21.4% gain over its IPO issue price of ₹1,119. With a market capitalization of approximately ₹12.5 lakh crore, it became India's second most valuable listed company after Reliance Industries. The ₹30,213 crore IPO was subscribed 22.19 times with over 1.3 crore applications. MD Akash Ambani thanked investors and emphasized long-term value creation for shareholders.
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