{
  "id": 16834625,
  "title": "Ambani’s Jio to make Mumbai trading debut after record US$3.2 billion India IPO",
  "url": "https://urgent.news/2026/10/28/ambanis-jio-to-make-mumbai-trading-debut-after-record-us-3-2-billion-16834625",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T00:56:37.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/international/global/ambanis-jio-make-mumbai-trading-debut-after-record-us3-2-billion-india-ipo"
  },
  "original_language": "en",
  "account": "Mumbai will host the trading debut of Mukesh Ambani's telecoms and digital unit, Jio Platforms, on Wednesday (Oct 28). This marks the listing of Jio after the company's record US$3.2 billion IPO attracted US$77 billion in bids, making it India's most subscribed offering. With a valuation of up to US$108.3 billion, Jio is backed by Meta and Alphabet’s Google and serves more than 530 million customers. The listing is expected to position Jio as one of India's biggest companies by market capitalisation when trading begins.",
  "summary": "Grey-market premium points to gains of about 22%",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Jio to make trading debut after record $3.2 billion IPO",
        "url": "https://urgent.news/2026/10/28/jio-to-make-trading-debut-after-record-3-2-billion-ipo",
        "published": "2026-10-28T01:45:57.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Ashes, India series result in record revenue, net surplus for Cricket Australia",
        "url": "https://urgent.news/2026/10/28/ashes-india-series-result-in-record-revenue-net-surplus-for-cricket",
        "published": "2026-10-28T01:55:34.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Ambani's Jio to make Mumbai trading debut after record $3.2 billion India IPO",
        "url": "https://urgent.news/2026/10/28/ambanis-jio-to-make-mumbai-trading-debut-after-record-3-2-billion",
        "published": "2026-10-28T02:19:38.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Billionaire Ambani’s Jio to debut after record India IPO",
        "url": "https://urgent.news/2026/10/28/billionaire-ambanis-jio-to-debut-after-record-india-ipo-16843109",
        "published": "2026-10-28T02:57:00.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Billionaire Ambani’s Jio to debut after record India IPO",
        "url": "https://urgent.news/2026/10/28/billionaire-ambanis-jio-to-debut-after-record-india-ipo",
        "published": "2026-10-28T02:58:00.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Ambani's Jio to make Mumbai trading debut after record US$3.2 billion India IPO",
        "url": "https://urgent.news/2026/10/28/ambanis-jio-to-make-mumbai-trading-debut-after-record-us-3-2-billion-16838051",
        "published": "2026-10-28T03:07:00.000Z"
      },
      {
        "outlet": "Live Mint",
        "title": "Jio lists at 21% premium on debut after record $3.2 billion India IPO",
        "url": "https://urgent.news/2026/10/28/jio-lists-at-21-premium-on-debut-after-record-3-2-billion-india-ipo",
        "published": "2026-10-28T04:40:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}