Jio Platforms Jumps 21% in Record Indian Debut
Shares of Mukesh Ambani’s Jio Platforms opened at ₹1,358 in Mumbai, about 21% above the ₹1,119 IPO price. The offering raised ₹30,213 crore, about US$3.2 billion, making it India’s largest IPO ever, and was subscribed more than 20 times. Trading began at 9:30 p.m. B.C. time Tuesday (Wednesday morning in India).
What’s confirmed
- Shares of Mukesh Ambani’s Jio Platforms opened at ₹1,358 in Mumbai, about 21% above the ₹1,119 IPO price.
- The offering raised ₹30,213 crore, about US$3.2 billion, making it India’s largest IPO ever, and was subscribed more than 20 times.
- Trading began at 9:30 p.m. B.C. time Tuesday (Wednesday morning in India).
Confirmed by 4 independent outlets: CNBC, Financial Times, Nikkei Asia and BusinessLine.
What would move the score
- Now: 97% with 4 independent confirmations plus the primary source.
- Up: more independent outlets or primary records confirming the core claim.
- Down: a counted source correcting or walking back its report, or new evidence that weakens the claim.
Any change is logged below with the time and the old and new score. Corrections policy
Confirmation record
Plus the primary source: BSE’s listing notice for Jio Platforms.| ✓ | CNBC Counted https://www.cnbc.com/2026/10/28/jio-ipo-india-listing-.html |
| ✓ | Financial Times Counted https://www.ft.com/content/32f2864d-c122-4d83-b0c5-8d2f1fcc63bd |
| ✓ | Nikkei Asia Counted https://asia.nikkei.com/business/markets/ipo/reliance-s-telecom-giant-jio-rises-in-debut-after-india-s-largest-ipo |
| ✓ | BusinessLine Counted https://www.thehindubusinessline.com/companies/jio-platforms-storms-dalal-street-lists-21-above-issue-price/article71634367.ece |
| · | Primary source Plus the primary source: BSE’s listing notice for Jio Platforms. https://www.bseindia.com/downloads/UploadDocs/Notices/20261027-9/20261027-9.pdf |
Updated / Corrected log
- Published at 97% with 4 independent confirmations.
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