Jio Platforms lists at ₹1,358, 21% above its IPO price
The debut makes Jio Platforms India's second most valuable listed company after parent Reliance; Isha Ambani called it a promise to investors.
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Jio Platforms shares listed at ₹1,358 on the BSE on Wednesday, a 21.3% premium to the IPO price of ₹1,119.
The debut valued the company at about ₹12.5 lakh crore, behind only Reliance Industries and ahead of Bharti Airtel.
Nomura, Motilal Oswal and Elara started coverage with Buy ratings and targets of ₹1,340-1,367.