11,983% profit! HFCL promoter bought Jio shares at Rs 10, IPO could make it worth Rs 5,800 crore
- Posted on June 22, 2026
- By Business News Today
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- 1 min read
11,983% profit! HFCL promoter bought Jio shares at Rs 10, IPO could make it worth Rs 5,800 crore
Jio Platforms has formally kicked off its IPO journey by filing its DRHP with SEBI, highlighting the extraordinary wealth creation generated for early investors. Among the biggest beneficiaries is HFCL founder Mahendra Nahata, whose investment at ₹10 per share has appreciated nearly 121 times, translating into a staggering 11,983% valuation gain.
