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.
11,983% profit! HFCL promoter’s Rs 10 Jio bet may turn into Rs 5,800 crore windfall
June 22, 2026
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