📰 ET Markets 🟢 BULLISH 🕒 16 Oct 2026, 09:44 AM IST

Jio IPO: Meta, Google sit on nearly ₹1 lakh crore paper profit & neither is selling

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Jio IPO: Meta, Google sit on nearly ₹1 lakh crore paper profit & neither is selling

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Market & Financial Impact: Meta Platforms and Google are poised to realize significant gains from their Jio investment made in 2020. To bolster its growth, Jio Platforms is moving forward with an initial public offering planned to raise around ₹30,213 crore, achieving a valuation of ₹10.3 lakh crore. Neither Meta nor Google plans to divest shares in this round as existing backers maintain their stakes.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

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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 ↗

Jio IPO: Meta, Google sit on nearly ₹1 lakh crore paper profit & neither is selling

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