Reliance Jio IPO review: Apply or not? Bid now or buy shares post NSE, BSE debut? Check GMP, listing price prediction
Reliance Jio Platforms is launching its highly anticipated IPO to raise ₹30,213 crore, with subscriptions opening tomorrow and shares expected to list on the BSE and NSE. The offering has drawn strong grey market demand, prompting positive recommendations from major brokerages.
Why it matters
As one of the largest telecom and tech offerings in the region, the Jio IPO represents a major milestone for Indian capital markets and technology investment.
Reliance Jio IPO: The highly anticipated Jio Platforms IPO is all set to open for subscription tomorrow, Wednesday, October 21. The Mukesh Ambani-led company aims to raise ₹30,213 crore through the public offering.The IPO will remain open for bidding until Friday, October 23, while the shares are expected to list on the BSE and NSE on Wednesday, October 28. The share allotment is likely to be finalised on October 26.Jio Platforms IPO GMP today
The Jio Platforms IPO is attracting a strong grey market premium (GMP) ahead of its subscription opening, according to market observers.
According to Investorgain data, the IPO's GMP at ₹245, indicating robust interest in the issue ahead of its launch on Wednesday.
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