Economy
Jio Platforms Debuts on NSE and BSE at a 21.36% Premium

Jio Platforms Debuts on NSE and BSE at a 21.36% Premium

The Hindu1h
THE BRIEF
1

Jio Platforms made its market debut on the NSE and BSE on Wednesday at ₹1,358 per share, marking a 21.36% premium over the issue price.

2

The ₹30,200 crore IPO set a global record as the first to receive over 1 crore applications, getting fully subscribed within 100 minutes.

3

Jio became India's second-largest company in market capitalisation at ₹12.5 lakh crore, replacing Bharti Airtel after listing.