Jio Platforms Share Price Live: Mukesh Ambani's Jio set for trading debut after record IPO
· thehindubusinessline.com
Jio Platforms IPO listing today, Jio Platforms share price live updates: Check share price, IPO, subscription status, IPO allotment, listing price and more | Mukesh Ambani’s telecoms and digital unit Jio Platforms is set to list in Mumbai on Wednesday, after its $3.2 billion IPO. The issue, priced at ₹1,119 per share at the upper end of the price band, received 22.19 times overall subscription, with total demand across the public issue and anchor placement exceeding ₹7.4 lakh crore. Analysts have advised investors to consider a long-term holding strategy, citing the company’s digital ecosystem, technology platform and growth opportunities in artificial intelligence, enterprise services and fixed broadband. At the issue price, the company is valued at approximately ₹10.3 lakh crore. The company will use the proceeds from the fresh issue primarily to repay up to ₹27,500 crore of borrowings at Reliance Jio Infocomm. Stay tuned to businessline for more | Here’s our stock market live and Q2 live real-time updates
Jio Platforms IPO listing today, Jio Platforms share price live updates: Check share price, IPO, subscription status, IPO allotment, listing price and more | Mu...