From Financialexpress · Ashutosh Pati · · 1m
Jio IPO: Subscribe or Avoid?
Jio Platforms IPO: Check GMP, listing price prediction before bidding.
In brief
Jio Platforms IPO: Check GMP, listing price prediction before bidding. Jio Platforms' IPO could list at Rs 1,365 after grey market premium of Rs 246, with expected listing gains of 21.98%. Originally reported by Financialexpress.
Jio IPO Subscription Details
Jio Platforms will open for subscription on Wednesday, October 21, 2026.
IPO Price Band and Offer Size
The offer is a fresh issue of up to 27 crore shares at a price band of Rs 1,065 to Rs 1,119 per share.
Grey Market Premium
On Tuesday morning, the grey market premium for Jio Platforms was at Rs 246, signaling an expected listing price of Rs 1,365.
Anchor Investor Demand
Institutional demand for the Rs 8,109.84 crore anchor book reportedly touched nearly Rs 2.5 lakh crore.
Motilal Oswal Recommendation
Motilal Oswal rated the issue 'subscribe' for both listing gains and long-term investment.
Key Dates and Minimum Investment
The IPO will close subscription on October 23, with a minimum outlay of Rs 13,428 for small investors.
The headline
Jio Platforms' IPO could list at Rs 1,365 after grey market premium of Rs 246, with expected listing gains of 21.98%.
