ECONOMYMint Markets · 1 hour agoLive
Reliance Jio Platforms IPO GMP, listing date and time, share price prediction for NSE, BSE debut - Details
Reported by Mint Markets, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
The IPO attracted strong demand, with a 22.19‑times subscription and a high grey market premium, indicating significant investor interest that could affect market sentiment and the company's capital raising.
WHAT HAPPENED
Reliance Jio Platforms’ IPO was subscribed 22.19 times, led by 70.55-times demand from qualified institutional buyers. Its grey market premium was reported at ₹248, suggesting an estimated listing price of ₹1,367, or a 22.16% gain over the upper price band.
WHAT TO WATCH
- •The official listing price set by the exchanges on the debut day
- •How the shares trade on NSE and BSE after the listing
- •Any subsequent price movement relative to the estimated 22.16% gain
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