Tag: Jio IPO

Signage for Jio Platforms Ltd. ahead of the company's listing ceremony at the National Stock Exchange (NSE) in Mumbai, India, (Bloomberg)
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Jio Platforms opens on BSE over 21% higher with IPO debut at ₹1,357

Jio Platforms made its Dalal Street debut on Wednesday, opening at around ₹1,357 per share on BSE Sensex and NSE Nifty, up nearly 21.3 per…

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The public offer of Jio Platforms was set to exceed Hyundai Motor India's  ₹27,870 crore IPO of 2024, and become India's largest by value. (ANI file photo)
Posted in Business

Jio Platforms IPO: Qualified Institutional Buyers portion fully subscribed at over 2x demand

The Jio Platforms’ IPO saw the portion marked for Qualified Institutional Buyers (QIBs) fully subscribed at over 2x demand, within a few minutes of the…

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Jio Platforms, telecoms, cloud and AI group raised $853.3 million (approximately Rs8,106.35 crore) from marquee anchor investors (REUTERS)
Posted in Business

Sensex, Nifty open higher, Jio Platforms’ record IPO in focus

Sensex and Nifty opened higher on Wednesday, with attention turning to the launch of Jio Platforms’ record IPO, although elevated crude oil prices could limit…

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Plans to list Jio Platforms Ltd had been in the works for some time now. (AFP)
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Jio IPO to be filed with SEBI today, says Mukesh Ambani

Reliance Industries Limited Chairman and Managing Director Mukesh Ambani has announced that the board of Jio Platforms has approved an IPO document and will be…

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Reliance wants to leave money on the table for retail investors in the Jio IPO, a DRHP for which is likely to be filed as early as this week. (Bloomberg)
Posted in Business

Reliance wants Meta, Google to offload just 8% of their stakes in Jio IPO| Business News

Jio Platforms Ltd. has held talks with 13 marquee foreign investors to sell down 8% of individual stakes in its initial public offering (IPO), which…

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A Jio Platforms IPO—the first listing of a major Reliance unit in almost 20 years—could be the country’s biggest ever. (Bloomberg)
Posted in Business

Reliance Jio IPO to miss timeline due to delay in changes to SEBI listing rules| Business News

The Indian government’s delays in formalizing changes to listing rules are threatening to force Asia’s richest person, Mukesh Ambani, to miss the targeted timeline for…

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Jio Platforms IPO is the most highly anticipated IPO of 2026. (Bloomberg)
Posted in Business

Jio Platforms said to consider 2.5% stake sale in biggest India IPO| Business News

Jio Platforms Ltd. plans to offload shares equivalent to 2.5% stake in its IPO planned for 2026, a move that could make it the country’s…

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