Jio Platforms hits ₹10.30 lakh crore market cap before listing, becomes India's fourth largest company

Jio Platforms is set to list on Indian stock exchanges on October 28, 2026, with a pre-listing market capitalization of ₹10.30 lakh crore. The company issued 27 crore shares at ₹1,119 each. This valuation makes it India's fourth-largest firm, trailing Reliance Industries, Bharti Airtel, and HDFC Bank, while potentially rising to second place if shares trade at a premium.

Source: Jio Platforms hits ₹10.30 lakh crore market cap before listing, becomes India's fourth largest company — India Today

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Topics: jio · jioipl · reliance · ipo · stockmarket · mukeshambani · india business