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

As reported by Stocks-Markets-Economic Times
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.
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HFCL founder Mahendra Nahata stands to gain significantly from Jio Platforms' impending IPO. His early investment at just ₹10 per share has surged by an astounding 11,983%, appreciating nearly 121 times. This remarkable growth could translate into an incredible ₹5,800 crore…

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