As Jio Platforms heads towards its market debut on October 28 after raising Rs 30,188 crore through its public offering, investor attention is turning to a central question: Can India’s biggest-ever IPO deliver substantial listing gains, or will it follow the muted debuts of several recent mega offerings?
The issue has surpassed Hyundai Motor India’s Rs 27,858.75-crore IPO in terms of the amount raised, setting a new benchmark for India’s primary market. For investors who have secured an allotment, the key question is whether Jio can translate strong investor demand into a sizeable listing premium or whether its issue size and valuation could limit the upside.
