Jio Platforms’ ₹30,213-crore IPO entered its second day of bidding on October 22, 2026, following a strong opening. The issue was subscribed 3.16 times on Day 1, with Qualified Institutional Buyers (QIBs) leading the demand at 9.42 times. The retail investor portion was subscribed 73%.
On October 22, the grey market premium (GMP) for the Jio IPO stood at approximately ₹249 per share, indicating an unofficial premium of around 22.25% over the upper price band of ₹1,119.
Investor interest is driven by Jio’s strong position in India’s telecom market and its growth opportunities in broadband, digital services and artificial intelligence. However, investors should also consider the company’s valuation and business risks before making investment decisions.
The IPO will close on October 23, 2026. Allotment is expected on October 26, while the shares are scheduled to list on October 28.
Strong demand reflects investor interest in Jio’s market debut, but the grey market premium is unofficial and does not guarantee listing gains.
Jio Platforms ka ₹30,213 crore ka IPO 22 October 2026 ko bidding ke second day mein enter hua. Opening day par issue 3.16 times subscribe hua, jisme Qualified Institutional Buyers (QIBs) ki demand sabse strong rahi. QIB category 9.42 times subscribe hui, jabki retail investors ka portion 73% subscribe hua.
22 October ko Jio IPO ka grey market premium (GMP) lagbhag ₹249 per share tha, jo ₹1,119 ke upper price band ke comparison mein around 22.25% ka unofficial premium indicate karta hai.
Investors ki interest ka major reason Jio ki India ke telecom market mein strong position aur digital services, broadband aur AI mein growth opportunities hain. Halaanki, investors ko company ki valuation aur business risks ko bhi consider karna chahiye.
IPO 23 October 2026 ko close hoga. Allotment 26 October ko expected hai, jabki listing 28 October ko scheduled hai. Strong demand IPO mein investor interest dikhati hai, lekin GMP unofficial hai aur listing gains ki guarantee nahi deta.