Jio's Record IPO Sparks 21% Surge and Sets New Market Expectations

10/28/2026

Billionaire Mukesh Ambani's Jio Platforms raised over $3bn in a record IPO, while a big profit rise by SK Hynix helped lift tech stocks on Asian markets on Wednesday.

10/28/2026

Jio Platforms shares list at around Rs 1,357, delivering a 21.3% premium over the Rs 1,119 IPO price after record demand for its Rs 30,188-crore issue

10/28/2026

The listing drew demand for more than 22 times the shares on offer.

10/28/2026

Jio Platforms has been valued at Rs 10.3 lakh crore after its Rs 30,188-crore IPO attracted record demand

10/28/2026

"In just 10 years, Jio has grown from a bold vision into one of India's most consequential enterprises, culminating in India's largest-ever IPO," Akash said.

10/28/2026

MUMBAI -- Telecom giant Jio Platforms became the second-largest publicly listed company in India after soaring about 27% from its initial public offering price following its debut on the country's...

10/28/2026

Jio Platforms made its stock market debut at Rs 1,358, a 21.36 per cent premium over its IPO price, as Anant, Isha and Akash Ambani invoked the family’s legacy and outlined the company’s ambitions...

10/28/2026

By Srinivasan Sivabalan On a day when Jio Platforms Limited (JPL) made its debut on the Indian stock exchanges, its $107 billion valuation put a price on several bets at once: Mukesh Ambani’s...

10/28/2026

Jio Platforms lists on October 28 as grey-market premium signals a potential 22% gain. Check the Rs 248 GMP, IPO subscription and brokerage targets

10/28/2026

Anant Ambani thanked Prime Minister Narendra Modi for the Digital India vision, saying it gave Jio its purpose, as Reliance’s telecom and digital services business made its stock market debut