{"id":330113,"date":"2026-10-28T11:47:10","date_gmt":"2026-10-28T06:17:10","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=330113"},"modified":"2026-10-28T11:47:10","modified_gmt":"2026-10-28T06:17:10","slug":"jio-platforms-listing-gain-21-percent-on-debut-second-most-valuable-company-share-price-market-cap-analyst-targets-and-what-next","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jio-platforms-listing-gain-21-percent-on-debut-second-most-valuable-company-share-price-market-cap-analyst-targets-and-what-next\/","title":{"rendered":"Jio Platforms Listing Gain of 21% on Debut: Second Most Valuable Indian Company, Share Price, Market Cap, Analyst Targets and What Next"},"content":{"rendered":"

Jio Platforms listed at Rs 1,358 on both the NSE and BSE on Wednesday, 28 Oct 2026, a Jio Platforms listing gain of 21.36% over the issue price of Rs 1,119, and traded at Rs 1,368.00 on the NSE at 11:26 AM, about 22.3% above the issue price (my calculation). The gain of Rs 239 a share is about Rs 2,868 on one lot of 12 shares (my calculation), and the company became the second most valued Indian company at about Rs 12.5 lakh crore.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Jio Platforms listing gain was 21.36% at Rs 1,358 against the issue price of Rs 1,119, and the stock rose to Rs 1,374.50 in early trade, which values the company at about Rs 12.5 lakh crore, second only to Reliance Industries. Three brokerages had set pre-listing base targets of Rs 1,340 to Rs 1,367, so the price at 11:26 AM is already above all three (my calculation). The issue was subscribed 22.19 times and raised Rs 30,213 crore, all of it fresh capital, mainly to repay borrowings of Reliance Jio Infocomm. Profit booking is the main short-term risk, and this is educational and not a recommendation.<\/p>\n<\/p><\/div>\n

The Jio Platforms listing gain of 21.36% matches what the market had expected before the debut, and the larger question now is how the stock trades after the first day. This article covers the Jio Platforms listing gain, the Jio Platforms share price so far, the Jio Platforms market cap and its rank among Indian companies, the analyst targets and the risks, using prices as of 11:26 AM IST on 28 Oct 2026.<\/p>\n

The market is still open, so I do not have a closing price, and the lock-in terms were not in the sources I could retrieve. Sources also differ on retail subscription, which one reports at 2.72 times and another at 2.27 times, so I show both. Grey market figures are not used here. It is educational and not advice.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

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