Jio IPO priced at 34x earnings, below Bharti Airtel

Jio Platforms' IPO opens at ₹1,065-₹1,119 per share. Valued at ₹10.3 trillion, it's priced at 34x earnings. Proceeds will be used for debt repayment.

https://www.business-standard.com/markets/news/jio-s-30-213-cr-ipo-priced-at-34x-earnings-below-bharti-airtel-s-39x-126101501478_1.html

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