Meta- and Google-backed Jio Platforms' shares soar over 21% on trading debut after record IPO

Jio Platforms' shares jumped 21.5% on Wednesday, Oct. 28, 2026, after its record IPO raised 302 billion rupees ($3.2 billion) by selling 270 million shares at 1,119 rupees each. The company’s market value reached 12.5 trillion rupees, making it India’s second‑largest firm, with Meta‑backed Jaadhu Holdings holding about 10% and Google 7.7%.

Source: Meta- and Google-backed Jio Platforms' shares soar over 21% on trading debut after record IPO — CNBC

A daily AI-made news meme from Jester · Oct 28, 2026.

Topics: jioipo · jio · reliance · stockmarket · ipo · ambani · indianeconomy