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Jio Platforms Set for Trading Debut After $3.2 Billion IPO

Jio Platforms is set to list in Mumbai on Wednesday after its $3.2 billion IPO drew $77 billion in bids, the most-subscribed offering in India. The company was valued at up to $108.3 billion.

JIO

Asia's richest man ⁠Mukesh Ambani's telecoms and digital unit Jio Platforms is set to list in Mumbai on Wednesday, after its $3.2 ‌billion IPO drew $77 billion in bids in India's most-subscribed offering ever.Valued at up ‌to $108.3 billion, Jio, backed by Meta and ‌Alphabet's ⁠Google, serves more…