Livemint·3 min read·medium

Jio Platforms IPO single-lot profit calculator: What will the listing gains be if you get an allotment? Latest GMP today

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A Ksheerasagar
Jio Platforms IPO single-lot profit calculator: What will the listing gains be if you get an allotment? Latest GMP today
✦AI Summary

Retail investors are awaiting the allotment results for the Jio Platforms IPO, which saw record-breaking demand. Based on current grey market premiums, investors could see potential listing gains of over 22%.

Why it matters

The high subscription rate for this IPO reflects strong investor confidence in the Indian telecommunications and digital services market.

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For retail investors who applied for the Jio Platforms IPO, the overwhelming demand the issue attracted last week has heightened interest in the share allotment process. The record-breaking response has left applicants keenly awaiting confirmation on whether they will receive shares.The allotment for the country’s biggest-ever IPO is likely to be finalised today, October 26, while the stock is expected to list on the exchanges on Wednesday, October 28.Jio Platforms IPO: How much could investors gain on listing day?Retail investors who receive an allotment of one lot could see their investment generate a potential gain of over 22% on listing day, based on the current grey market premium (GMP).

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Headlinne story · 4 newsrooms

Jio Platforms Finalises Share Allotment After Record Public Offering

What every outlet reported, where they differ, and how each framed it →

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