Jio Platforms Opens 25% Above IPO Price at $137 Billion Valuation

Jio Platforms Adds $36 Billion in Value After India IPO Surge

Jio Platforms Ltd. has added almost $36 billion in market value in two trading sessions, extending its blistering run after India’s biggest-ever initial public offering and underscoring investor appetite for direct exposure to the telecom and digital-services giant.

Reliance Jio Platforms shares: After 26.68% IPO debut gains, jump 5% more - What should investors do? Buy more or exit?

Jio Platforms shares rose another 5% after a 27% first-day gain, climbing about 33% above the IPO price in two sessions and lifting its valuation above ₹13 lakh crore. Brokerages cited its market leadership and growth potential, while advising investors to track earnings, margins, and ARPU.

Jio Platforms Opens 25% Above IPO Price at $137 Billion Valuation

Reliance Industries kept more than 64% of Jio after the offering, while the company’s managing director outlined AI, cloud and satellite connectivity as growth areas.