Jio Platforms Limited (JPL) has made a strong stock-market debut, listing at ₹1,358 per share — a 21.36% premium over its IPO price of ₹1,119.

Jio Platforms Limited (JPL) has made a strong stock-market debut, listing at ₹1,358 per share — a 21.36% premium over its IPO price of ₹1,119. The company’s ₹30,213 crore IPO became India’s largest-ever public offering, attracting investor demand of more than 22 times the shares on offer.

Backed by Reliance Industries and supported by investments from global technology companies Meta and Alphabet, Jio Platforms serves more than 530 million customers. Its listing marks a significant milestone for India’s telecom and digital services sector, as the company looks to expand beyond connectivity into areas such as artificial intelligence, cloud computing and digital services.