From mint · Sharmila Bhadoria · · 50s
Reliance Jio IPO Listing Day Jackpot or Long-Term Bet
Reliance Jio IPO listing day could see 19.75% gain but long-term outlook remains key for investors.
In brief
Reliance Jio IPO listing day could see 19.75% gain but long-term outlook remains key for investors. Reliance Jio Platforms IPO may list at ₹1,340 with 19.75% gain but experts suggest long-term investment potential. Originally reported by mint.
Jio IPO Details
Reliance Jio Platforms plans ₹30,213 crore IPO offering 27 crore shares at ₹1,065, ₹1,119 each.
Grey Market Premium
Jio IPO GMP today at ₹221 suggests potential 19.75% listing gain.
Listing Date Timeline
IPO opens October 21, 2026 with allotment by October 26 and listing on October 28, 2026.
Price Band Details
Minimum retail investment is ₹13,428 for 12 shares at ₹1,065, ₹1,119 per share.
Market Valuation
Jio Platforms valuation appears attractive compared to Bharti Airtel's P/E ratio of 40.71x.
Investor Outlook
Kantilal Chhaganlal brokerage recommends long-term subscription with positive outlook.
“We Recommend Investor to Subscribe issue from Long Term Prospective”
What to remember
Reliance Jio Platforms IPO may list at ₹1,340 with 19.75% gain but experts suggest long-term investment potential.
