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via economictimes.indiatimes.comCapital Markets

Jio IPO GMP at Rs 247, listing expected on October 28

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Jio Platforms will list on October 28, with a grey market premium of Rs 247 indicating a potential 22.07% listing gain. The Rs 30,213-crore IPO was subscribed over 22 times, led by strong institutional demand.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA large telecom IPO in India can influence local market sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Jio Platforms will list on October 28.
  2. 02The grey market premium of Rs 247 indicates a potential 22.07% listing gain.
  3. 03The Rs 30,213 crore IPO was subscribed over 22 times.

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