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Jio Platforms Completes India's Biggest-Ever IPO With Strong Trading Debut

By ChordNews · First written

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Summary

Mukesh Ambani's Jio Platforms Ltd. pulled off India's biggest-ever initial public offering and posted a strong trading debut, despite a difficult market backdrop. Bloomberg reports that Ambani's long-running ability to raise billions of dollars and win over investors held up once again with the deal.

This continues an earlier story: Jio Platforms Shares Indicated 22% Higher in India Gray-Market Trading

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that Mukesh Ambani's Jio Platforms Ltd. completed India's biggest-ever IPO and had a strong trading debut despite a difficult market backdrop.

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