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Economy · India

On debut, Jio 2nd most valuable company, behind only parent Reliance Industries

Outlet: The Times of India · PARTHA SINHA · Published 28/10/2026 23:10 UTC

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Jio Platforms successfully listed its shares at a premium price of Rs 1,358 on debut day. The stock surged to Rs 1,419, resulting in a market capitalisation of Rs 13.1 lakh crore. The listing also elevated the RIL group to the top of India's most valued business houses. Jio’s IPO was oversubscribed more than 22 times, indicating strong investor interest.

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Source
https://timesofindia.indiatimes.com/business/india-business/on-debut-jio-2nd-most-valuable-company-behind-only-parent-reliance-industries/articleshow/135283604.cms
Published
28/10/2026 23:10 UTC
Captured
28/10/2026 23:39 UTC
Text fingerprint
325597b278b62f7d · 666 words
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