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MINT - MARKETS · INDIAN ·

Meet Mahendra Nahata, the man set to reap 100-fold from Jio Platforms IPO—in just six years

As reported by mint - markets
Mahendra Nahata’s 0.54% holding in Jio Platforms, purchased for ₹48 crore in 2020, is now worth ~ ₹5,800 crore, based on a Motilal Oswal analysis that values the company at $114 billion.
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Mahendra Nahata, who invested ₹48 crore in Jio Platforms in 2020 for a 0.54% stake, is now poised to reap significant returns. Based on a Motilal Oswal valuation of $114 billion, his holding is estimated to be worth approximately ₹5,800 crore. This represents a remarkable…

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