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The Economic Times

Business

Ritesh Presswala

Jio Platforms IPO GMP signals 22% potential listing gain; issue opens on October 21

IPO BSE NSE India Reliance Jio Infocomm

Jio Platforms’ initial public offering (IPO) is set to open for subscription on Wednesday, October 21, 2026, giving investors a three-day window to place their bids. The IPO’s grey market premium (GMP) stood at 22.4%, or Rs 251 per share, on October 19, over the upper end of the issue price band, based on unofficial market trends. However, the GMP is an unofficial indicator and does not guarantee the actual listing price or listing gains.

Jio Platforms’ IPO is a book-built issue worth Rs 30,213 crore, comprising a fresh issue of 27 crore equity shares.

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