Jio Platforms Ltd. makes a strong debut on the bourses with scrip got listed at Rs 1,358.00 on the Bombay Stock Exchange, a 21.35 per cent premium to its issue price of Rs 1,119.00. On the National Stock Exchange, the stock was listed at Rs 1,358.00.
The company, which raised 27.00 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 2,700.00 lakhs shares.
The company, listed under A Group Securities post its IPO, opened for subscription from Oct 21 to Oct 23.
Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.
The company anticipates using the proceeds of the issue for .
JP Morgan India Private Limited.,Citigroup Global Markets India Private Limited,CLSA India Private Limited,HSBC Securities and Capital Markets (India) Privat,Kotak Mahindra Capital Company Limited,JM Financial Ltd.,BofA Securities India Limited,Axis Capital Ltd.,IIFL Capital Services Limited,SBI Capital Markets Ltd.,BNP Paribas,Jefferies India Pvt. Ltd.,HDFC Bank Ltd.,Morgan Stanley India Company Pvt. Ltd.,DAM Capital Advisors Ltd.,Goldman Sachs (India) Securities Pvt. Ltd.,360 ONE WAM Ltd.,UBS Securities India Pvt. Ltd.,ICICI Securities Ltd. as lead managers & KFin Technologies Ltd. is the registrar, to the issue.
Meanwhile, the broader benchmark BSE Sensex closed trade at 73,598.67, down 8.08 points, or 0.01 per cent.