Historic Listing | India’s 2nd Largest Listed Company Debuts At Rs 1,358
Jio Platforms made its debut on the bourses today, and this special coverage looks back at one of the most historic listings in Indian market history. The stock listed at Rs 1,358, a premium of 21 percent, and with a market capitalisation of over Rs 12.5 lakh crore it became India’s 2nd largest listed company. It is also the first public listing from the Reliance Group in 20 years. The IPO was India’s biggest ever, a 100 percent fresh issue that was subscribed 22.2 times overall, with institutional investors bidding 70.6 times their quota and over one crore applications received. In this special show, we break down the listing price, what the premium says about investor confidence, how Jio’s 533.3 million customers, 284.9 million 5G users, rising ARPU and falling debt shape the valuation, and what the key triggers ahead are, from tariff hikes and satellite communications to home broadband, AI, cloud and global expansion. Watch for expert views, market reaction and a full breakdown of the day.
#JioPlatforms #JioIPO #JioListing #RelianceJio #StockMarket #IPOAnalysis #IndianStockMarket #MukeshAmbani #ShareMarket #5G #Moneycontrol
Moneycontrol is India’s leading financial portal, offering market news, expert analysis, and powerful tools.
A part of Network18, moneycontrol.com is India’s most trusted destination for financial and business news.
#live #livenews #latestnews #topnews #moneycontrol #moneycontrollive #businessnews #businessnewslive #stockmarket #stockmarket #sharemarketnews #stockmarketliveupdates
Subscribe: https://bit.ly/moneycontrolyoutube
Follow us:
Visit https://www.moneycontrol.com/
Facebook: /moneycontrol
Twitter: /moneycontrolcom
Instagram: /moneycontrolcom
Popular Products
-
Classic Oversized Teddy Bear$23.78 -
Gem's Ballet Natural Garnet Gemstone ...$171.56$85.78 -
Butt Lifting Body Shaper Shorts$95.56$47.78 -
Slimming Waist Trainer & Thigh Trimmer$67.56$33.78 -
Realistic Fake Poop Prank Toys$99.56$49.78