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The Next Big Wait For ₹30K Cr Jio IPO May End Today
Investors who subscribed to the Jio Platforms IPO are awaiting the allotment status, which is expected to be announced today.
Investors who subscribed to the Jio Platforms IPO are awaiting the allotment status, which is expected to be announced today. The Rs 30,213-crore public issue received a strong response, with overall subscription reaching 22.19 times, and investors are now looking ahead to the company’s stock market debut.The IPO allotment is expected to be finalised today, allowing applicants to check whether they have been allotted shares through the registrar’s website and other online platforms.
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The Next Big Wait For ₹30K Cr Jio IPO May End Today
Investors who subscribed to the Jio Platforms IPO are awaiting the allotment status, which is expected to be announced today. The Rs 30,213-crore public issue received a strong response, with overall subscription reaching 22.19 times, and investors are now looking ahead to the company’s stock market debut.The IPO allotment is expected to be finalised today, allowing applicants to check whether they have been allotted shares through the registrar’s website and other online platforms. Jio Platforms shares are scheduled to list on the BSE and NSE on October 28, 2026.Meanwhile, the IPO’s grey market premium (GMP) stands at around 22%, indicating expectations of a potential listing gain. However, the GMP is an unofficial market indicator and does not guarantee the actual listing price or returns. It can fluctuate before the shares begin trading.The IPO, which opened on October 21 and closed on October 23, 2026, was subscribed 22.19 times overall. Qualified institutional buyers (QIBs) led the demand, subscribing 70.55 times their allotted portion. The non-institutional investor (NII) category was subscribed 14 times, while the retail investor portion received 2.72 times subscription.The Rs 30,213-crore IPO was offered in a price band of Rs 1,065–1,119 per share. At the upper end of the price band, Jio Platforms is seeking a valuation of approximately Rs 10.3 lakh crore, placing it am.