Jio Platforms IPO listing today: The much-awaited Reliance's Jio Platforms IPO is all set to make its stock market debut on Wednesday, 28 October, bringing one of the year's biggest public issues into focus. The shares of the Jio Platforms IPO will be listed on the National Stock Exchange (NSE) and the BSE after successful allotment on Monday, 27 October.
The ₹30,213-crore public issue attracted strong investor interest during its subscription window from 21 October to 23 October.
Jio Platforms shares are scheduled to list on the NSE and BSE on Wednesday, 28 October at 10:00 am. Under the regular equity-market listing process, the stock is expected to undergo a special pre-open session before normal trading begins.
For a newly listed stock, the pre-open session helps determine the equilibrium opening price by matching buy and sell orders. The session generally runs from 9:00 am to 10:00 am, with the order-entry period followed by order matching and transition to regular trading. Normal equity-market trading typically begins at 10:00 am for a stock on its listing day.
Shares of the Jio Platforms IPO are trading at a significant premium in the grey market ahead of their stock market debut. According to IPO tracking websites, the issue's grey market premium (GMP) stood at ₹248 per share on 28 October, ahead of listing.