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via economictimes.indiatimes.comCapital Markets

From 104 shareholders to nearly 80 lakh! Jio becomes India's most widely owned stock on listing day

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Jio Platforms has become Indias most widely held listed stock, with 79.6 lakh shareholders following its blockbuster IPO, overtaking Tata Motors Passenger Vehicles, Reliance Industries and Vodafone Idea. From just 104 shareholders before the issue, Jio attracted over 1.38 crore…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralJio Platforms' listing is a significant Indian market event, with a very large initial market capitalisation.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Jio Platforms has 79.6 lakh shareholders after its IPO.
  2. 02It had 104 shareholders before the issue.
  3. 03Applications exceeded 1.38 crore.
  4. 04It debuted at a market capitalisation of Rs 12.53 lakh crore.

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