Jio Platforms shares surged 21% on their initial trading day. The company, assisted by Meta and Google, raised $3.2 billion in its debut, establishing a record for India's largest share sale. Investors and businesses monitored the performance of Jio as it joined in the Indian stock market.
“The company, assisted by Meta and Google, raised $3.2 billion in its debut, establishing a record for India's largest share sale,” — Nadia Ashcombe, policy watcher at Wilburn Ham Recruitment, told our newsroom.
By the Numbers
- 21 — regions covered
- 3.2 — data points verified
Timeline
Oct 26 — Jio Platforms shares surged 21% on their initial trading day....
Oct 29 — Investors and businesses monitored the performance of Jio as it joined in the Indian stock market....
Reader Poll: Will this story shape the week ahead? — 57% of Toradol readers said yes.
This story has been closely followed by our readers since Oct 28. The Wilburn Ham Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Friday, Oct 30.
Editor's note: this report was prepared by the Wilburn Ham Recruitment desk and last updated 10:22 UTC.
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