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The Economic Times

Business

Kumar Gaurav

Jio IPO GMP today: Grey market signals over 22% listing gains; check allotment, listing date

GMP IPO Jio Platforms Hyundai Motor India National Stock Exchange Jio BSE India

The grey market continues to signal favourable trends for Jio Platforms ahead of its stock market debut, with unofficial market indicators pointing to potential listing gains of over 22% for investors allotted shares in the company’s Rs 30,213-crore initial public offering (IPO).

The issue, which closed for subscription on October 23, received an overwhelming response from investors, with the overall subscription reaching 22.19 times the shares on offer. The offering has also become India’s largest-ever IPO, surpassing Hyundai Motor India’s Rs 27,870-crore issue in 2024.

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