JIO IPO Allotment Status: The Reliance-backed Jio Platforms IPO is all set to finalise allotment on Monday, 26 October, after receiving strong demand from investors during the three-day subscription status.
Investors who applied for the Jio Platforms IPO can check their allotment status through the official registrar, KFin Technologies Ltd, and exchanges - BSE and NSE. They can verify whether shares have been allotted to them and check the number of shares allocated.
The allotment process depends on the availability of shares and investor demand. Applicants who do not receive an allotment will have their refunds initiated on Tuesday, October 27. For successful applicants, the allotted shares will be credited to their demat accounts on the same day.
The Jio Platforms IPO is scheduled to list on the stock exchanges on Wednesday, 28 October.
Excluding the anchor investor portion, the public issue attracted bids worth over ₹4.9 lakh crore, while retail investor bids exceeded ₹25,867 crore, according to stock exchange data.