Reliance-backed Jio Platforms IPO: ₹1 lakh crore gains for Meta, Google in ₹30,213 cr issue by Mukesh Ambani firm?

Reliance-backed Jio Platforms, a digital arm of Reliance Industries, has raised ₹30,213 crore through an Initial Public Offering (IPO). Meta and Google, which invested in Jio Platforms, could see paper gains of nearly ₹1 lakh crore, with estimated returns of about 129%.