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via economictimes.indiatimes.comCapital Markets

Jio IPO's GMP rises to 22% as India's largest ever issue set to open on October 21

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

The IPO is priced at Rs 1,065-1,119 per share and will open on October 21, closing on October 23. At the upper end of the price band, the grey market premium points to an indicative listing price of Rs 1,364 per share.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA large Indian IPO whose grey market premium points to a possible listing above the offer price.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The IPO is priced at Rs 1,065-1,119 per share and closes on October 23.
  2. 02At the upper end of the band, the grey market premium points to an indicative listing price of Rs 1,364.
  3. 03The offering is described as India's largest ever issue.

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