Jio Platforms IPO Attracts Record Investor Interest

The ₹30,188 crore public issue received an overwhelming response from investors. Jio Platforms shares were offered at an issue price of ₹1,119 and made their stock market debut at ₹1,358 per share.

This resulted in a listing gain of ₹239 per share. Investors who received the minimum lot of 12 shares recorded a notional gain of approximately ₹2,868 at the listing price, excluding taxes and transaction costs. 

Anant Ambani Thanks Supporters at Listing Ceremony

The listing ceremony marked an emotional milestone for the Ambani family. Anant Ambani addressed supporters and expressed gratitude to the millions of people who contributed to Jio’s journey. The ceremony celebrated the company’s entry into the public markets and its growth into a major digital and telecommunications platform serving millions of people across India.

Read the full speech by Anant Ambani at the Jio Platforms IPO listing ceremony:

Jio Platforms Becomes India’s Second-Most Valuable Listed Company

Following its market debut, Jio Platforms reached a market capitalisation of approximately ₹12.5 lakh crore, making it India’s second-most valuable listed company after Reliance Industries. The listing also marked an important development for Reliance Industries as its digital and telecom business entered the public markets as a separately listed entity.