# Ambani’s Jio shares rise 21% in India’s biggest IPO

https://mins.news/en/item/118510

- Financial Times, 2026-10-28 04:42 UTC
- Economy
- Original: https://www.ft.com/content/32f2864d-c122-4d83-b0c5-8d2f1fcc63bd?syn-25a6b1a6=1

> The telecoms business raised $3.2bn at a $108bn valuation in India’s largest IPO, with its shares climbing 21. The listing offered relief to a stock market battered by the war in Iran.

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