Jio Platforms shares opened at ₹1,358, surging 21% above the issue price of ₹1,119 on its stock market debut on Wednesday.
The stock closed at ₹1,417 with a 26.81% gain on the NSE, giving the company a market value of ₹13 trillion and ranking it just below Reliance Industries.
The listing propelled the Reliance Group past the Tata Group to become India's most valuable listed conglomerate at ₹30.2 trillion.