Jio lists at 21% premium, becomes India’s second most valuable listed firm
MUMBAI: Shares of Jio Platforms made a strong debut on the stock exchanges, listing at a premium of over 21% to the issue price. The blockbuster debut made the billionaire Mukesh Ambani-owned company the second most valuable listed company, behind its flagship firm Reliance Industries Ltd.
The stock listed at Rs 1,358 on both the BSE and the NSE, a premium of 21.36% over the issue price of Rs 1,119. At listing, Jio Platforms commanded a market capitalisation of Rs 12.5 lakh crore,
