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Jio shares surge 21% in market debut after blockbuster India IPO

Jio shares surge 21% in market debut after blockbuster India IPO
Photograph: TechCrunch

Jio Platforms' shares opened at ₹1,358, rising 21% on their market debut after the company raised $3.2 billion in India’s largest IPO, which attracted over $77 billion in bids and 13.8 million applicants. The offering valued Jio at about ₹12.5 trillion, making it the country’s second‑most valuable listed firm.

Source: Jio shares surge 21% in market debut after blockbuster India IPO — TechCrunch

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

Topics: jio · reliance · ipo · indianstockmarket · stockmarket · ambani · businessnews

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