Jio Platforms Debuts at 21% Premium, Becomes India's Second-Most Valuable Firm
Jio Platforms made a strong entry into the stock market, listing at Rs 1,358 per share. Its initial public offering was oversubscribed 22.19 times, with bids exceeding Rs 7.4 lakh crore. Following the listing, the company's market capitalisation climbed to roughly Rs 12.5 lakh crore. This valuation places Jio as the second most valuable company in India.
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