New Delhi, Oct. 17 -- The countdown to India's largest initial public offering (IPO) has begun. Jio Platforms IPO, backed by billionaire Mukesh Ambani's Reliance Industries Limited, is garnering heightened investors' interest ahead of the opening of its subscription period. Jio IPO's latest grey market premium (GMP) hints at 19.75% listing gains.

Jio Platforms is offering 27 crore new equity shares in the price band of between Rs.1,065 and Rs.1,119 per share to investors. Which makes the Jio IPO a Rs.30,213 crore issuance at the upper end of the price band. As all eyes are now on India's biggest ever IPO, let's understand whether the Jio IPO will be more than a listing day jackpot and long-term bet for investors.

Jio Platforms latest IP...