Jio IPO: GMP Slips To Rs 211 From Rs 218, October 21 Opening In Focus; Will Reliance's Mega IPO Create India's Biggest Public Issue?
India, Oct. 14 -- The much-anticipated Jio Platforms IPO is approaching, with market trackers pointing to a possible October 21 opening. The latest available grey market premium (GMP) stood at Rs 211 per share on October 14, lower than the previous day's reading.
The proposed public issue could raise around Rs 30,000 crore, potentially making it India's largest IPO. However, the subscription schedule, valuation and pricing should be considered tentative until formally confirmed through the company's offer documents.
What Is Jio IPO GMP Today?
The latest figures provided for this report show the Jio IPO GMP at Rs 211 on October 14, compared with Rs 218 on October 13. The premium had climbed from Rs 156 on October 5 before declining in t...
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