Jio Platforms shares list at about 21% premium over ₹1,119 IPO price

Shares of Jio Platforms, the telecom and digital services unit of Reliance Industries, listed on the NSE and BSE on Wednesday, 28 October 2026, at ₹1,358 against an issue price of ₹1,119, a premium of about 21% (Business Today, Jansatta, thinQ360). The ₹30,213 crore issue had been described as India's largest IPO (Jansatta, Business Today).

What every report agrees on

Reports agree the IPO was priced at ₹1,119 per share for a valuation of about ₹10.3 lakh crore (Haribhoomi, ABP Live), was open from 21 to 23 October (Jansatta), and was subscribed more than 22 times (TV9 Bharatvarsh, Navbharat Times, Good News Today). Business Today and Jansatta reported a listing gain of ₹239 per share, or about 21.36%, on BSE (Business Today, Jansatta), and Navjivan put the profit at ₹2,868 per lot (Navjivan). Several reports said the listing made Jio the country's second most valuable listed company (Punjab Kesari, Lok Tej, Prabhasakshi), while Good News Today described it as the most valuable telecom company in India (Good News Today).

How the right-leaning press told it

Aaj Tak and ABP Live: Pre-listing valuation and investor advice

The two outlets rated centre-right covered the story only before listing. Aaj Tak, on the final day of bidding, reported the issue was 5.57 times subscribed by the end of day two and focused on expert views about whether to sell or hold at listing (Aaj Tak). ABP Live reported the valuation and an estimated 20% rise to ₹1,340 on listing day (ABP Live).

None of the left-leaning outlets Alethman reads carried this story in the period covered.

What the record shows

Pre-listing figures came from the grey market: TV9 Bharatvarsh cited a premium of ₹247, or about 22.07% (TV9 Bharatvarsh), Hindustan cited ₹244 per share (Hindustan), and Dainik Jagran pointed to gains above 22% (Dainik Jagran). Exchange listing figures reported afterwards put the opening price at ₹1,358 on both exchanges (Business Today, Jansatta). Reports differ on market capitalisation: Punjab Kesari put it at about ₹12.50 lakh crore at listing (Punjab Kesari), while Prabhasakshi reported ₹13.1 lakh crore after a 27% rise (Prabhasakshi). India TV reported the shares rose for a second session on Thursday, closing at ₹1,423.05 on BSE after touching ₹1,490 intraday (India TV). Prabhasakshi said the Reliance group's total valuation reached ₹30.3 lakh crore, overtaking the Tata group (Prabhasakshi).

Drafted by the Alethman engine from 18 independent reports, and checked by an editor before publication. An outlet's side comes from published media-bias ratings (Media Bias/Fact Check, AllSides) or documented ownership, named under the coverage bar; Alethman does not rate outlets itself.