Jio Platforms IPO debut draws focus on NSE, BSE listing timing, GMP, and expected gains.
Context
What happened: Jio Platforms shares are scheduled to list on the NSE and BSE on Wednesday, 28 October at 10 am, following a special pre-open session from 9 am to 9:45 am.
Key numbers: IPO size ₹30,213 crore, subscribed 22.19 times overall. Price band ₹1,065 to ₹1,119 per share. GMP ₹244 on 27 October, indicating a possible listing price of around ₹1,363, up 21.81%.
Why it matters: The grey market premium points to expected listing gains, though GMP reflects informal, unofficial market activity and the actual listing price may differ significantly.
What changed
Jio Platforms shares are scheduled to list on the NSE and BSE on Wednesday, 28 October at 10 am, following a special pre-open session from 9 am to 9:45 am.
Why it matters
The grey market premium points to expected listing gains, though GMP reflects informal, unofficial market activity and the actual listing price may differ significantly.