From mint · Sharmila Bhadoria · · 40s
IPO GMP Race: Jio vs Paras Healthcare
Jio Platforms IPO subscription 3.04x higher than Paras Healthcare's 0.15x.
In brief
Jio Platforms IPO subscription 3.04x higher than Paras Healthcare's 0.15x. Jio Platforms IPO subscription at 3.04 times versus Paras Healthcare's 0.15 times. Originally reported by mint.
Jio Platforms IPO Subscription
Jio Platforms IPO attracted strong Day 1 demand with 3.04 times subscription.
Paras Healthcare Subscription
Paras Healthcare IPO saw muted response with 0.15 times subscription.
Jio IPO Grey Market Premium
Jio IPO grey market premium at ₹ 249 suggests potential listing gain of 22.25%.
Paras Healthcare IPO Grey Market Premium
Paras Healthcare IPO grey market premium at ₹ 30 indicates 4.04% listing gain.
The takeaway
Jio Platforms IPO subscription at 3.04 times versus Paras Healthcare's 0.15 times.
