Jio Platforms Propels India to Leading Position in Global Initial Public Offerings
India achieved the highest global ranking for initial public offerings in October, driven by a record-breaking month of fundraising. Data indicates that corporations secured approximately 455 billion rupees, equivalent to $4.8 billion, through share sales. This unprecedented market activity was primarily propelled by the blockbuster initial public offering of Jio Platforms Ltd.
Originally published by Bloomberg Business | By Rajesh Mascarenhas | 30 October 2026 | Read original: https://www.bloomberg.com/news/articles/2026-10-30/jio-boosts-india-to-top-of-global-ipo-market-with-record-october
More from India's Pulse