Jio Platforms Listing LIVE Updates: Stock sees multiple large trades; becomes second most valuable Indian listed Co

Jio Platforms Listing LIVE Updates: India's largest IPO, Jio Platforms, is set for its stock market debut in just a few hours from now. Analysts are pointing towards a strong listing for the telecom service provider. Watch this space for all the LIVE listing and day 1 trading activity updates.

Jio Platforms Listing LIVE Updates: India's biggest IPO in history, Jio Platforms, will be making its stock market debut in just a few hours from now. The ₹30,213 crore IPO broke many records enroute to achieving a total subscription figure of 22.19 times the number of shares reserved for the IPO. Demand for the IPO crossed ₹7 lakh crore, with ₹2.5 lakh crore bid by anchor investors, and another ₹4.9 lakh crore coming in from public investors. The figure also crossed the ₹4.4 lakh crore bids received by LG Electronics India, making Jio Platforms the most bid for Indian IPO at least the last two decades. Subscription was led by institutional investors, whose portion was subscribed over 70 times. Even retail investors placed bids worth over ₹25,000 crore during the three-day IPO. Analysts on the street are also pointing towards a strong debut for the stock, and such a listing would already make Jio Platforms the second most valuable company in India, behind Reliance Industries itself. Watch this space for all the LIVE listing updates and the first day trading action from Jio Platforms.