{"id":325212,"date":"2026-10-23T13:07:46","date_gmt":"2026-10-23T07:37:46","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325212"},"modified":"2026-10-23T13:07:46","modified_gmt":"2026-10-23T07:37:46","slug":"jio-platforms-ipo-final-day-subscription-status-gmp-demand-above-7-times-allotment-listing-date","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/jio-platforms-ipo-final-day-subscription-status-gmp-demand-above-7-times-allotment-listing-date\/","title":{"rendered":"Jio Platforms IPO Final Day: Subscribed Over 7 Times With Demand Above $15 Billion, What Do GMP, Allotment and Listing Look Like?"},"content":{"rendered":"

Jio Platforms IPO closes today, 23 Oct 2026, with the issue subscribed about 6.9 times at midday and headlines reporting more than 7 times overall. The Rs 30,213 crore issue is India’s largest, with a price band of Rs 1,065 to Rs 1,119 and a lot of 12 shares. Allotment is expected on 26 Oct and listing on 28 Oct on NSE and BSE.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Jio Platforms IPO is subscribed above 7 times on the final day, with the qualified institutional buyer (QIB) portion at about 14.4 times at midday and the non-institutional portion at about 9.4 times. Retail was at about 2.1 times, so the broad demand comes mainly from institutions. The grey market premium was reported at about Rs 240 to Rs 250, which would mean a listing near 21% to 22% above the upper band if it holds. GMP is unofficial and the final subscription figures come from the exchanges after the 5 PM close.<\/p>\n<\/p><\/div>\n

Jio Platforms IPO is the biggest public issue India has seen, larger than the Rs 27,870 crore Hyundai Motor India issue of 2024. It is a fresh issue of 27 crore shares with no offer for sale, so all the money goes to the company and not to selling shareholders.<\/p>\n

This article on Jio Platforms IPO covers the final-day subscription, the GMP, the anchor book, the dates, valuation, financials and risks. It is educational and not a recommendation to apply or avoid.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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