A clutch of shareholders in IPO-bound Jio Platforms, including Meta, Google, Saudi Arabia’s Public Investment Fund, Vista Equity Partners, Silver Lake Partners and General Atlantic, have seen the value of their investments more than double over the past six years.
Meta-backed Jaadhu Holdings, which acquired a 9.98% stake in Jio Platforms for around Rs 43,574 crore in 2020, now holds shares valued at around Rs 99,846 crore at the IPO price. Google, which invested around Rs 33,737 crore for a 7.73% stake, has seen the value of its holding rise to around Rs 77,307 crore.
Read more: Where Jio stands among telecom peers: A look at the key numbers
Here’s a look at how these investors’ holdings have appreciated since their initial investments in 2020.
Agencies