At its IPO listing in Mumbai, Jio Platforms debuted 21.36% above issue price, listing at ₹1,358 and valuing the company at ₹12.5 trillion. Akash Ambani said Jio will focus on democratizing AI, cloud, connected devices and space-based connectivity over the next decade. The IPO was fully subscribed in 95 minutes, attracting over ₹7.5 trillion and 130 million investors.
