
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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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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TCS, Infosys and Wipro fell while AI chip stocks rallied in Seoul and Tokyo; the Claude maker's filing shows fast revenue growth and heavy losses.
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The record IPO was subscribed 22 times, but analysts expect a smaller pop than the grey market and advise those who missed out not to chase the stock.
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Edelweiss's EAAA India Alternatives is the biggest at ₹1,200 crore, alongside a wastewater firm, a jeweller, a polymer maker and a steel company.
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Allotment is expected by Monday and refunds by Tuesday for India's largest IPO, which was subscribed more than 22 times.
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