Reliance Jio IPO GMP today: Jio Platforms’ initial public offering (IPO) continues to see strong demand on the second day of subscription too. Mukesh Ambani’s Reliance Industries Limited-backed Jio IPO is seeing huge interest from qualified institutional buyers (QIBs) and non institutional investors (NIIs).
Meanwhile, Jio Platforms IPO’s grey market premium (GMP) hinted at 21.36% listing gain. For primary market investors who are closely tracking Reliance Jio IPO, here are all the details to know.
Jio IPO latest grey market premium stood at ₹239, as per websites tracking latest GMPs. With this, Jio IPO is expected to be listed at ₹1358 per share (which is the sum of the upper price band, ie ₹1119 and latest GMP of ₹239). The IPO is estimated to be listed with 21.36% gain.
The IPO will remain open for subscription until October 23. The final subscription figures will reflect demand across institutional, non-institutional, retail, employee and shareholder categories over the full bidding period.
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