How much did investors gain after Jio's 21% premium listing?
Jio Platforms listed on the stock exchanges at ₹1,358 per share, a 21.36% premium over its issue price of ₹1,119, giving retail investors allotted one lot of 12 shares, a gain of ₹2,868. Small High Net-Worth Individuals (HNIs), allotted 23 shares, gained ₹5,497, while big HNIs, allotted 180 shares, gained ₹43,020. Notably, Jio became the second most valuable Indian company.
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