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Jio Shares Debut 21% Above IPO Price After Record $3.2 Billion Offering

Jio Platforms shares rose 21% in their Mumbai debut, following India's largest-ever initial public offering.

JIO

New Delhi, Oct. 28 -- Jio Platforms shares soared 21% in their Mumbai debut on Wednesday, giving India's biggest-ever initial public offering a roaring start and Mukesh Ambani's Reliance Industries its first listing in two decades.With the listing, Jio, whose telecoms business serves more than 530…