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What is the Jio Platforms IPO GMP before listing?

What is the Jio Platforms IPO GMP before listing?

Photo: Coinpedia

Jio Platforms shares were trading at a grey market premium of about 22% ahead of listing, according to market observers. At the ₹1,119 upper price band, that points to a possible listing price of roughly ₹1,365 per share, or a gain of about ₹246 per share. For a single retail lot of 12 shares, that would mean an indicative profit of around ₹2,950. The grey market is unofficial and unregulated, so the premium can change sharply before listing and does not guarantee actual opening prices. Previous Article : When will Jio Platforms IPO shares be credited to demat accounts?

Source: Coinpedia

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