Market newsCriticalPositive
Published Fri, 23 Oct, 2026 · 20:21 IST
Reliance Jio IPO overall subscription status, GMP: Day 1, 2, 3 details; allotment, listing date, share price prediction
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AI summary
Jio Platforms’ IPO, India’s largest-ever offering, drew 22.19 times total subscriptions by the close of day 3, including 70.55 times from qualified institutional buyers, 14 times from non-institutional investors and 2.72 times from retail investors. The issue was fully subscribed within 100 minutes of opening, while a reported grey market premium of ₹253 against the ₹1,119 upper price band implied a ₹1,372 listing price and a potential gain of 22.61 percent.