{
  "id": 16852181,
  "title": "Meta- and Google-backed Jio Platforms’ shares soar over 21% on trading debut after record IPO",
  "url": "https://urgent.news/2026/10/28/meta-and-google-backed-jio-platforms-shares-soar-over-21-on-trading-16852181",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T05:16:41.000Z",
  "source": {
    "name": "CNBC World",
    "slug": "cnbc-world",
    "url": "https://www.cnbc.com/2026/10/28/jio-ipo-india-listing-.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "Jio Platforms shares rose 21.4% during their trading debut on Wednesday following a record-breaking initial public offering. According to Techmeme, the rise occurred after the company's IPO was embraced by both institutional and retail investors. The offering consisted of 270 million shares priced at 1,119 rupees apiece, raising approximately 302 billion rupees ($3.2 billion).\n\nMalay Mail reports that the IPO was the largest ever in India and served to cap Mukesh Ambani’s long-term efforts to diversify his conglomerate beyond oil refining. As the digital services arm of Reliance Industries, Jio Platforms houses the country's largest wireless operator. Prior to the listing, grey market platforms indicated a premium of roughly 22 percent for the shares.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Jio Platforms Listing Today: Rs 30,213 crore IPO eyes strong debut on Dalal Street",
        "url": "https://urgent.news/2026/10/28/jio-platforms-listing-today-rs-30-213-crore-ipo-eyes-strong-debut-on",
        "published": "2026-10-28T01:30:00.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Cautious mood to prevail at Dalal Street on Wednesday",
        "url": "https://urgent.news/2026/10/28/cautious-mood-to-prevail-at-dalal-street-on-wednesday",
        "published": "2026-10-28T02:36:49.000Z"
      },
      {
        "outlet": "Free Press Journal",
        "title": "Mukesh Ambani Gets Emotional At Jio Platforms IPO Listing, Isha And Anant Ambani's Heartfelt Speeches Steal The Show",
        "url": "https://urgent.news/2026/10/28/mukesh-ambani-gets-emotional-at-jio-platforms-ipo-listing-isha-and",
        "published": "2026-10-28T05:42:34.000Z"
      }
    ]
  },
  "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."
}