Jio Platforms IPO listing set for October 28

Jio Platforms is expected to list on October 28 with an estimated market capitalization of ₹10.30 lakh crore after a successful subscription period.

The IPO was subscribed 22.19 times, with qualified institutional buyers bidding 70.55 times their reserved portion, highlighting strong investor interest in the telecom giant.

Upon listing, the Reliance Industries Group is set to consolidate its position as India’s largest listed business group by aggregate market capitalization.