Jio IPO GMP Today: ₹250 Premium Signals 22% Listing Gain As India’s Biggest IPO Opens For Anchors
Photo: Coinpedia
Jio Platforms opened its anchor book on Monday, October 19, two days before its ₹30,213 crore IPO opens to the public. It is the largest share sale ever attempted in India. Shares are priced between ₹1,065 and ₹1,119, and the grey market premium stands at about ₹250, roughly 22% above the upper end of the band. Jio Platforms shares were last quoted at ₹250 above the issue price in the grey market, suggesting a listing price near ₹1,369 at the upper band. The grey market is unofficial and unregulated, and its premiums can change sharply before listing.
Source: Coinpedia
