📰 ET Markets ⚪ NEUTRAL 🕒 28 Oct 2026, 11:11 AM IST

No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy on debut itself

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Core Development: No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy on debut itself

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Market & Financial Impact: Jio Platforms made a blockbuster stock market debut, listing at a 21.3% premium over its IPO price of Rs 1,119 at Rs 1,358 on the BSE. With a market capitalisation of around Rs 12.5 lakh crore, it became India’s second-most valuable listed company after parent Reliance Industries, overtaking Bharti Airtel. The debut also made Jio India’s largest listed telecom company, placing it ahead of major players such as TCS, SBI and Bajaj Finance.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy on debut itself

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