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Reading: Meet Mahendra Nahata, the man who is set to reap 100-fold from Jio Platforms IPO | Stock Market News
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News for India > Business > Meet Mahendra Nahata, the man who is set to reap 100-fold from Jio Platforms IPO | Stock Market News
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Meet Mahendra Nahata, the man who is set to reap 100-fold from Jio Platforms IPO | Stock Market News

Last updated: June 22, 2026 6:00 am
2 hours ago
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It is important to note that on the same day Reliance gave shares to Nahata, the conglomerate also allotted the first tranche of shares to Meta at ₹488.34 each, marking the start of a wave of investments from major global players. Thirteen investors, including Google, sovereign wealth funds, and private equity firms, invested ₹1,52,056 crore to buy about 33% of Jio Platforms. Meta and Google received shares at ₹488.34 each, while others paid ₹549.31 each, according to the DRHP.



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