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Jio Platforms listing: Prices, valuation, demand and what rests on a single source

Jio Platforms shares listed on October 28 at Rs 1,358, a premium of about 21.4% over the IPO price of Rs 1,119, valuing the company at about 131.5 billion dollars, according to market reports.

Jio Platforms listing: Prices, valuation, demand and what rests on a single source
Jio World Centre, Mumbai (file image), Wikimedia Commons, CC BY 4.0

Jio Platforms shares listed at Rs 1,358, about 21.4% above the Rs 1,119 issue price, on October 28, 2026, according to HDFC Sky and Meyka.

HDFC Sky reports a valuation of about 131.5 billion dollars and bids of about 77 billion dollars for the Rs 30,213 crore offer.

The closing price near Rs 1,417.50 and the subscription breakdown come from Meyka alone.

Analyst targets and post-listing grey market figures were not reported.

About 19.4 crore shares were traded on both exchanges, and combined turnover was Rs 26,571 crore, according to Meyka, citing CNBC-TV18.

Meyka puts the market value at close at about Rs 13 lakh crore, against about Rs 15.7 lakh crore for Reliance Industries, without naming a source for these figures.

The Sensex fell 352.64 points to 73,246.03 and the Nifty 50 fell 50.90 points to 22,698.85 on the same day, according to HDFC Sky.

Brent crude climbed above 115 dollars a barrel after an attack on a Saudi Arabian refinery, and investors waited for the US Federal Reserve’s policy decision, according to HDFC Sky.

The rupee closed 11 paise weaker at 95.23 against the US dollar, according to the same report.

Reliance Industries was among the laggards in the Nifty 50, according to HDFC Sky’s description, though its ticker data conflicts with the text.

A listing premium is the amount by which the shares open above the IPO price, and it does not guarantee later gains.

An initial public offering is the first sale of shares of a company to the public, after which the shares trade on the exchanges.

The reports reviewed did not give grey market or analyst targets for the stock after the listing.

This report is for information only and is not investment advice. Readers should check the NSE and BSE for official figures.

Jio World Centre, Mumbai (file image), Wikimedia Commons, CC BY 4.0

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