Jio Platforms shares surge by more than 21 per cent in listing
Company's valuation reaches $131.5 billion following India's largest IPO
By Capital Kranti desk, Gandhinagar · Editor: Parth Thakkar
29 October 2026, 1:42 am · Updated 2:27 pm · 1 min read
This story was written by AI from the sources listed below; every claim and number in it was checked against them before it went up. How we check
Reliance Jio Platforms has made a spectacular entry into the stock market. According to a report by The Economic Times, the company's shares listed at a 21.4% premium, taking the company's total valuation to $131.5 billion.
As reported by Business Standard, Jio Platforms recorded an increase of more than 21 per cent by listing at ₹1,358 against an issue price of ₹1,119. With this listing, the company has broken the trend of the last decade where record IPOs tended to list at a discount.
Following this listing, which is one of India's largest IPOs, investors are now keeping a close watch on the company's upcoming growth drivers. These include aspects such as tariff hikes, broadband expansion, cloud services, and robust cash flow. Additionally, it will be important to see how Akash Ambani translates Jio's digital ambitions into long-term shareholder returns and sustained revenue.
Where this story comes from
Spotted a mistake? Tell usRegional languages to be introduced in Classes 1 and 2 in Bihar government schools from 2026-27
The state government has taken this important decision to promote mother tongue-based education
Two women apprehended with 10 kg cannabis at Gaya Airport
Narcotics worth approximately ₹10 crore in the international market were seized from the two women arriving from Thailand.
પાણીપુરી વેચનારની ૧.૨ લાખની માસિક કમાણી જાણીને આઈઆઈટીના સ્નાતકો ચોંકી ગયા
ચાર આઉટલેટ્સ ચલાવતા વેપારીની કુલ માસિક નફાની રકમ ૪.૫ લાખ રૂપિયાથી વધુ હોવાનો દાવો