The Rs 30,213 crore initial public offering, achieved a total subscription of 22.19 times and the demand crossed Rs 7 lakh crore. This was first listing from Reliance Industries in two decades.
With the listing, Reliance Industries and Jio Platforms have emerged as India’s two most valuable companies, with market capitalisations of Rs16.2 lakh crore and Rs 12.5 lakh crore, respectively.
Reliance Industries Group has also overtaken Tata Group to emerge as the most valuable conglomerate, following Jio Platforms’ market debut.
The shares were last trading at Rs 1,357.45 on BSE.