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via economictimes.indiatimes.comCapital Markets

Jio Platforms IPO of ₹30,213 crore enters final day with GMP at 22%

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Jio Platforms ₹30,213 crore IPO entered its final day of bidding on October 23, with a grey market premium of around 22%, indicating positive listing sentiment. The issue was subscribed 5.57 times by the end of Day 2, while the retail portion was subscribed 1.54 times. Priced at…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA large IPO with strong demand and a positive grey market premium can influence the Indian market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The ₹30,213 crore Jio Platforms IPO closes its final bidding day on October 23.
  2. 02The grey market premium is around 22%, indicating positive listing sentiment.
  3. 03The issue was subscribed 5.57 times by the end of Day 2, with the retail portion at 1.54 times.

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