Jio Platforms lists at a 21% premium in India's largest IPO
Shares of Jio Platforms, the telecom and digital arm of Reliance Industries, listed at ₹1,358 each on the BSE. The debut came at a 21.36% premium, and the company's market value is about ₹12.5 lakh crore. It was India's largest IPO.
Quick glossaryJio Platforms, IPO
- Jio Platforms
- Indian telecom and digital company, part of Reliance Industries, known for the Jio mobile network and apps for internet, shopping and entertainment.
- IPO
- Initial public offering, when a private company first sells shares to the public on a stock exchange.
Read at Inc42
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