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4 Articles
Reliance Jio IPO listing on Oct 28: Will Mukesh Ambani's firm be in top 5 m-cap? RIL to hold top spot
Jio Platforms’ IPO was subscribed 22.19 times, with allotment expected on October 26. Based on its upper price band and post-issue share count, the company is estimated to have a market capitalisation of ₹10.30 lakh crore, potentially placing it among the BSE’s top five companies.
·New Delhi, India
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According to stock exchange data, bids worth over Rs 4.9 lakh crore were received in the public offering alone (excluding anchor book). This figure represents the total value of shares sought by investors.
Upon listing, Reliance Group is set to become India's largest listed business group by total listed market capitalization. The company's valuation is estimated at ₹10.3 lakh crore.
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