Jio Platforms IPO allotment: How to check, subscription details and listing date
Jio Platforms is set to finalize the allotment of its Rs 30,213-crore IPO on Monday following a massive subscription response. The shares are scheduled to list on the BSE and NSE stock exchanges this coming Wednesday.
Why it matters
As one of the largest IPOs in the region, the market debut of Jio Platforms is a significant event for Indian capital markets and investor sentiment.
The allotment of Jio Platforms’ Rs 30,213-crore initial public offering (IPO) is expected to be finalised on Monday, following a record-breaking response from investors.Applicants can check their allotment status through the website of the issue’s registrar, KFin Technologies, or the BSE and NSE portals once the status is made available.The IPO, which opened for subscription on October 21 and closed on October 23, was subscribed 22.19 times overall. The issue attracted around 1.3 crore applications, while total demand, including the anchor investor portion, approached Rs 7.5 lakh crore, according to reports. It's set to be listed on the stock exchanges on Wednesday, October 28.The public issue was fully subscribed within the first 100 minutes of opening on Day 1.
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