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Jio Platforms IPO allotment likely today; check status on BSE, NSE and registrar

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Core Development: Jio Platforms IPO allotment likely today; check status on BSE, NSE and registrar
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Market & Financial Impact: Jio Platforms IPO allotment is expected to be finalised today, on October 26, following strong investor demand for the Rs 30,213-crore initial public offering (IPO) during its three-day subscription period.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Jio Platforms IPO allotment is expected to be finalised today, on October 26, following strong investor demand for the Rs 30,200-crore initial public offering (IPO) during its three-day subscription period.

Investors who applied for the issue can check their allotment status on the registrar, KFin Technologies and the stock exchanges, BSE and NSE. The allotment status will indicate whether an applicant has received shares and, if so, the number of shares allotted.

Read Also: Paras Healthcare IPO allotment likely today; check status on BSE, NSE and registrar

The IPO attracted bids across all investor categories, with institutional investors accounting for the bulk of the demand.

Ahead of the public issue, Jio Platforms allotted shares worth Rs 8,109.85 crore to 212 anchor investors at the upper end of its price band of Rs 1,065-1,119 per share.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Moneycontrol ↗
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