Jio Platforms IPO allotment finalized, with Kfin Tech and NSE links to check share status.
Context
What happened: Jio Platforms IPO allotment status has been finalised. Investors can check their application status on the KFin Technologies, NSE and BSE websites.
Key numbers: Issue size ₹30,213 crore, price band ₹1,065 to ₹1,119 per share. Overall subscription 22.19 times, QIB 70.55 times, NII 14 times, retail 2.72 times.
Why it matters: Market experts noted the GMP decreased in the latest session but still indicates positive sentiment in the unofficial market ahead of listing. The GMP is an unofficial indicator and not a guarantee of listing price or returns.