Jio Platforms opened 3.3% higher on its debut, pushing its market cap to 13.05 trillion rupees and making it the second‑most valuable Indian company after Reliance Industries.
Posts tagged as “IPO”
Anthropic’s filing reveals a soaring revenue trajectory, a massive net loss and a governance structure that limits shareholder influence.
Jio Platforms surged 21% on its market debut, raising $3.2 billion in India’s largest and most subscribed IPO, which attracted more than $77 billion in bids.
Anthropic filed a registration statement to list on Nasdaq under “ANT”, reporting a 14‑fold revenue jump to $16.3 billion in the first half of 2026 and outlining a governance model that limits ordinary shareholder control.
The Jio Platforms IPO allotment is scheduled for Oct 26, with listing on Oct 28, while a grey‑market premium of ₹247 points points to a roughly 22% price uplift.
The Jio Platforms IPO opens on Oct. 21, 2026, raising ₹30,200 crore. Analysts highlight the company's reliance on a single distributor, cash‑generation metrics and how its valuation stacks up against Airtel.
Jio Platforms plans to raise up to ₹30,213 crore in its upcoming IPO, with a price band of ₹1,065‑₹1,119 per share and a grey‑market premium suggesting a listing near ₹1,354.
A group of former senior Flipkart leaders wrote to Walmart’s board on Oct. 1, demanding fair treatment and a full cash‑out of their vested stock options amid delays to a potential Indian IPO.
Venu Srinivasan and Vijay Singh, vice‑chairmen of Tata Trusts, have formally questioned Noel Tata’s proposal to merge two Tata Sons subsidiaries, arguing the move was taken without proper trust board approval.
India's National Stock Exchange listed at a 5% premium, making it the country's second‑largest IPO and propelling the exchange into the top‑10 most valuable firms.