Jio Platforms opens on BSE over 21% higher with IPO debut at rRs.r1,357
India, Oct. 28 -- Jio Platforms made its Dalal Street debut on Wednesday, opening at around Rs.1,357 per share on BSE Sensex and NSE Nifty, up nearly 21.3 per cent from the upper end of the IPO price band of Rs.1,119.
The listing price was broadly in line with the grey market premium (GMP) ahead of the debut, indicating positive investor sentiment.
In the pre-open session, Jio Platforms shares were trading at Rs.1,358 on the National Stock Exchange, marking a premium of Rs.239, or 21.36%, over the issue price of Rs.1,119.
Ahead of the opening, Reliance Industries Executive Director Anant Ambani expressed gratitude "to the millions who believed in Jio."
"Today I express my heartfelt gratitude towards you all. Today, the bell at the Exc...
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