Jio IPO 2026: Jio Platforms Shares List at 21% Premium at Rs 1,359; Should Investors Buy, Sell or Hold After Strong Market Debut?
India, Oct. 28 -- Jio Platforms made a strong stock-market debut on Wednesday, with its shares listing at Rs.1,359 on both the BSE and NSE, up 21.36% from the initial public offering (IPO) price of Rs.1,119 per share. The listing follows substantial investor demand for the company's approximately Rs.30,200-crore public issue, which attracted more than 1.38 crore applications.
The IPO was subscribed in full within 100 minutes of opening, while the qualified institutional buyer (QIB) portion was booked within the first 10 minutes. By the end of the three-day bidding period, the issue had been subscribed 22.2 times, with the QIB segment receiving 70.55 times subscription.
Against approximately 27 crore shares on offer, demand reached 655.6...
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