New Delhi, Oct. 20 -- India's primary market has seen several big-ticket IPOs struggle to deliver strong listing gains, leaving investors cautious about whether large offerings can translate into immediate market rewards.

With Jio Platforms' much-awaited IPO set to open tomorrow, in what could be the country's biggest-ever initial public offering (IPO), the key question is whether the Reliance Industries-backed digital business can buck the trend and deliver a strong debut.

So far, eight of the 13 IPOs with issue sizes exceeding Rs.10,000 crore, including the recently listed NSE, have made relatively modest stock market debuts. The National Stock Exchange of India listed at a premium of just 0.84% over its issue price.

The Rs.27,858 cr...