- Best listing: Jio Platforms at +21.4%
- Weakest: Paras Healthcare at +3.9%
- Average listing gain: +12.6% across 2 IPOs
- GMP was within 10 points for 2 of 2
In this post
Two companies made their stock market debut on Wednesday, 28 October 2026. 2 opened above the issue price and 0 below. Jio Platforms had the strongest start, opening +21.4% at ₹1,358 against an issue price of ₹1,119; Paras Healthcare was the weakest at +3.9%.
Below: each listing price against the issue price and the last grey market premium (GMP), where the shares closed on day one, and how the issues were subscribed. Listing prices are the first trades on NSE, or BSE for issues listed only there.
Listing day at a glance
| IPO | Board | Issue price | GMP estimate | Listing price | Listing gain | Day-1 close | Close vs issue |
|---|---|---|---|---|---|---|---|
| Jio Platforms | Mainboard | ₹1,119 | ₹1,365 (+22.0%) | ₹1,358 | +21.4% | ₹1,417.5 | +26.7% |
| Paras Healthcare | Mainboard | ₹693 | ₹709 (+2.3%) | ₹720 | +3.9% | ₹735.6 | +6.2% |
GMP vs the actual listing
The grey market came within 10 percentage points of the listing gain for 2 of 2 IPOs and within 5 points for 2. The biggest miss was Paras Healthcare, which opened 1.6 points above what its GMP pointed to. Our GMP accuracy tracker keeps the running record across every listing.
Mainboard listings
Jio Platforms
Jio Platforms is a technology-driven digital services company that operates through its subsidiary, Reliance Jio Infocomm Limited. It raised ₹30,213 Cr in its IPO. Jio Platforms opened at ₹1,358 on NSE, +21.4% against the issue price of ₹1,119. For an investor allotted one lot of 12 shares, that is a gain of about ₹2,868 at the opening price. The last GMP before listing was ₹246, pointing to about ₹1,365, so the listing came in 0.6 points below the grey market estimate. The shares closed the day at ₹1,417.5 (+26.7% against the issue price), above where they opened. The issue had been subscribed 22.19x overall (QIB 70.55x, NII 14.00x, retail 2.72x). Jio Platforms IPO page
Paras Healthcare
Paras Healthcare is a leading clinical specialty-led hospital platform providing tertiary and quaternary healthcare services across North India, Bihar, and Jharkhand under the Paras Health brand. It raised ₹1,450 Cr in its IPO. Paras Healthcare opened at ₹720 on NSE, +3.9% against the issue price of ₹693. For an investor allotted one lot of 21 shares, that is a gain of about ₹567 at the opening price. The last GMP before listing was ₹16, pointing to about ₹709, so the listing came in 1.6 points above the grey market estimate. The shares closed the day at ₹735.6 (+6.2% against the issue price), above where they opened. The issue had been subscribed 2.23x overall (QIB 3.09x, NII 0.66x, retail 2.00x). Paras Healthcare IPO page
Next listings
These IPOs are due to list in the coming days. The GMP estimate is where the grey market expects them to open; as today showed, the actual listing can differ.
| IPO | Board | Listing date | Issue price | GMP | GMP estimate |
|---|---|---|---|---|---|
| Core4 Engineers | SME | Fri, 30 Oct | ₹93 | — | — |
| EAAA India Alternatives | Mainboard | Mon, 2 Nov | ₹1,665 | ₹11 (+0.7%) | ₹1,676 |
| Wiscon Industries | SME | Tue, 3 Nov | ₹204 | — | — |
| BLS Polymers | Mainboard | Tue, 3 Nov | ₹150 | ₹44 (+29.3%) | ₹194 |
| SFC Environmental Technologies | Mainboard | Tue, 3 Nov | ₹330 | ₹17 (+5.2%) | ₹347 |
| Carver Roboweld | SME | Wed, 4 Nov | ₹80 | — | — |
| M.K.Sons Fine Jewels | Mainboard | Wed, 4 Nov | ₹162 | ₹10 (+6.2%) | ₹172 |
| Ajwa Projects | SME | Wed, 4 Nov | ₹203 | ₹38 (+18.7%) | ₹241 |
What the day tells us
- The average listing gain was +12.6%, and 2 of 2 listings opened at a premium.
- By the close, 2 of 2 had risen above their listing price and 0 had fallen below it.
- Listing prices for every IPO are on the IPO listing today page, and year-wise results on the IPO report card.
Frequently asked questions
Which IPOs listed on 28 Oct 2026?
Jio Platforms and Paras Healthcare.
Which IPO gave the best listing gain on 28 Oct 2026?
Jio Platforms opened +21.4% at ₹1,358 against an issue price of ₹1,119 and closed the day at ₹1,417.5 (+26.7%).
How accurate was GMP on 28 Oct 2026?
GMP was within 10 percentage points of the listing gain for 2 of 2 IPOs. GMP is unofficial and can differ sharply from the listing price.
This update is compiled automatically from IPO Darbaar's IPO database at 9:45 PM IST on 28 October 2026. Dates, prices and GMP come from offer documents and market sources and can change; the linked IPO pages always show the latest figures. This is not investment advice.
IPOs in this post
For information and education only; not investment advice. Figures come from offer documents, exchange and SEBI filings and IPO Darbaar data as of the date of publishing. Grey market premium (GMP) is unofficial.
