Jio's Spectacular Market Debut: Shares Surge 21% After India's Largest IPO

10/28/2026

The stage is set for one of India’s biggest stock market debuts! Jio Platforms will list on the BSE and NSE today following a strong response to its ₹30,213 crore IPO.

10/28/2026

As of the listing price, Jio Platforms becomes India's second-most valued company with a market capitalisation of Rs 12.50 lakh crore, ahead of companies like Bharti Airtel and HDFC Bank.

10/28/2026

Jio has debuted as India's second-most valuable listed company, behind its parent, Reliance Industries.

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

The IPO received more than 1.38 crore applications, while qualified institutional buyers subscribed 70.55x their allocation.

10/28/2026

Jio Platforms share price: Jio overtook Bharti Airtel Ltd to become the second-most valued firm after Reliance Industries Ltd and helping the group surpass Rs 30 lakh crore in combined value.

10/28/2026

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

10/28/2026

Among past big IPOs, LG Electronics India Ltd delivered the highest listing-day return of 48.24 per cent, data compiled by Bloomberg suggested.

10/28/2026

Jio Platforms: For every Rs 10 per month change in wireless ARPU, Jio's consolidated Ebitda changes by Rs 3,800-3,900 crore and its target could change by Rs 58 per share or 4 per cent, MOFSL said.