Jio’s big-bang listing may give it stock market’s No.2 crown after Reliance Industries
Jio Platforms may storm into India’s top two listed companies when it makes its Dalal Street debut tomorrow, with a 22% grey market premium pointing to a market capitalisation of around Rs 12.5 lakh crore.
That would place the telecom and digital services company ahead of Bharti Airtel, currently India’s second largest listed company with a market value of Rs 12.25 lakh crore. Jio would trail only parent Reliance Industries, which has a market capitalisation of Rs 16.12 lakh crore.
