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HDFC Mutual Fund
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- 28 OctJio Platforms lists 21.36% above IPO price, values at ₹12.5 Lakh Cr
Shares of Jio Platforms debuted at ₹1,358 on BSE and NSE, a 21.36% premium to the issue price of ₹1,119, giving the firm a standalone market value of about ₹12.5 Lakh Crore. The ₹30,213 Crore IPO was subscribed 22.19 times and will use ₹27,500 Crore of proceeds to prepay borrowings of Reliance Jio Infocomm.
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