JIO PLATFORMS IPO : GMP HINTS AT 22 % LISTING GAINS ; WHAT TOP BROKERAGES SAY RATINGS AND KEY RISKS

What happened: Jio Platforms' upcoming IPO opens for bidding on Wednesday, October 20, after anchor investor allocation, with the Rs 30,200 crore issue closing on Friday, October 23. Key numbers: Grey market premium hints at 22% listing gains. Price band Rs 1,065-1,119 per share. Lot size 12 shares. Issue size Rs 30,200 crore. Bidding October 20 to October 23. Why it matters: The GMP trend suggests strong listing gains for investors, while the headline also points to brokerage ratings and key risks to weigh.

Jio Platforms' upcoming IPO opens for bidding on Wednesday, October 20, after anchor investor allocation, with the Rs 30,200 crore issue closing on Friday, October 23.

The GMP trend suggests strong listing gains for investors, while the headline also points to brokerage ratings and key risks to weigh.