Jio Platforms Share Market Listing: The market debut of Jio Platforms shares has been made. On October 28, the shares of Mukesh Ambani’s company Jio Platforms made their market debut. During this, the entire Ambani family including Mukesh Ambani and Nita Ambani were present. The market cap of Jio Platforms has reached Rs 12.50 lakh crore. With this, it has become the second largest company in the country in terms of market cap after Reliance Group. The market cap of Reliance is Rs 16 lakh crore. Whereas the market cap of Airtel is Rs 12.20 lakh crore.
The explosive entry of Jio Platforms in the stock market made Reliance Group the most valuable corporate house of the country in one stroke. Tata Group had this title for many decades. With the listing of Jio, the total market cap of listed companies of Reliance Group reached ₹28.9 lakh crore. Tata Group is at second place with ₹25.6 lakh crore and Adani Group is at third place with ₹16.6 lakh crore.
The entire Ambani family was present during the market debut of Jio Platforms shares. Meanwhile, a special picture was also seen, when Mukesh Ambani became emotional during the listing ceremony and had tears in his eyes. Actually, when his son Anant Ambani was giving a speech after Jio Platforms Share Listing, Mukesh Ambani became emotional while clapping with his hands. On the occasion of Jio’s listing, Anant Ambani recalled the legacy of Reliance and the love of the people and said that Jio has received the blessings of the entire country. Mother said ‘Jio Mere Lal’, grandmother said ‘Jug Jug Jio’ and friends said ‘Jio Yaar’. He said that Jio has been created by the people of India and his real dream is to fulfill the dreams of the people of the country. When Anant Ambani and Isha Ambani remembered the legacy of Reliance at the Jio listing ceremony, Mukesh Ambani had tears in his eyes.
What did Isha Ambani say?
At the event held in Mumbai on October 28, 2026, Isha, Anant and Akash Ambani spoke on Jio’s 10-year journey, customer trust and Reliance’s legacy. While Isha reminded father Mukesh Ambani of his early days, Anant talked about connecting Jio with crores of people in India and winning their trust. Respect for the family and commitment to the future of the company was clearly visible in the address of both of them.
He said that time and again, my father has seen a future that others have not yet seen. My father dared to create what others considered impossible, and millions of Indians have seen new possibilities and hope in his vision. Regarding brother Akash Ambani, Isha said that Akash, in the last 13 years that you have been on this journey, I don’t think you have come home before midnight even a single day. I am so proud to be your sister.
Jio’s entry into the exclusive club of $100 billion
Let us tell you that Jio Platforms has become only the fourth company in the world with a market cap of more than $100 billion at the time of IPO, which is run by its founder himself. In this matter, Jio has now joined the club of Meta, Alibaba and Elon Musk’s SpaceX.
Listing price was 21% more than the issue price
Jio’s shares were listed at ₹1,358 while its issue price was ₹1,119. At this price, Jio’s market value reached ₹ 12.5 lakh crore. With this, Jio became the second most valuable company in the country. Only Reliance Industries is ahead of it. The combined market value of both the companies is ₹28.7 lakh crore. HDFC Group (Rs 13.91 lakh crore) is at fourth place and Bajaj Group (Rs 13.88 lakh crore) is at fifth place.
Most applied for IPO in the world
This spectacular listing of Jio is the result of the tremendous response received by its IPO. The issue was fully subscribed within just 100 minutes of opening. This IPO received a record 1.39 crore applications, making it the most applied for IPO worldwide. Overall this issue was subscribed more than 22 times. Investors invested money openly in every category. Qualified institutional buyers bid for 71 times more shares than the shares reserved for them.