Jio Platforms’ initial public offering (IPO) attracted strong investor interest on Wednesday, October 21, 2026, with the issue reportedly fully subscribed within hours of opening.
The IPO’s stated price band had an upper limit of ₹1,119 per share. At around 4:05 p.m. IST, the grey market premium (GMP) stood at ₹251 per share.
Editorial Insight
Key Highlights
Important points readers should notice.
IPO opening date: October 21, 2026.
The issue was reportedly fully subscribed within hours.
Upper price band: ₹1,119 per share.
Grey market premium: ₹251 per share at around 4:05 p.m. IST.
Indicative price: ₹1,370 per share.
Scheduled listing date: October 28, 2026.
Based on these figures, the indicative price was ₹1,370 per share, representing a premium of approximately 22.43% over the upper price band. The grey market premium is an unofficial indicator and does not guarantee the actual listing price or investment returns.
The shares were scheduled to begin trading on October 28, 2026.
Editorial Analysis
Why This Matters
The reported subscription response highlights investor interest in the offering and its significance for India’s capital market.
