Jio IPO Live Day 3: Last Chance To Apply As Subscription Tops 6.67x, QIB Portion Booked 14x; GMP Signals 21% Listing Gain

Jio IPO Live Day 3: Last Chance To Apply As Subscription Tops 6.67x, QIB Portion Booked 14x; GMP Signals 21% Listing Gain


Jio Platforms IPO Day 3 Live Updates: The Jio Platforms IPO enters its final day of bidding on Friday, October 23, with investors watching subscription trends, the grey market premium (GMP) and the potential listing outlook for one of India’s biggest public issues. The Rs 30,213-crore IPO had been subscribed 6.67 times as of 11:35 am.

Demand from qualified institutional buyers (QIBs) remained particularly strong, with their portion subscribed 14.09 times. The non-institutional investor (NII) category was subscribed 8.87 times, while the retail portion was booked 2.01 times. The employee and shareholder portions were subscribed 2.43 times and 5.47 times, respectively.

The Jio IPO GMP currently stands at Rs 232 per share. At the upper end of the price band of Rs 1,119, this indicates an estimated listing price of Rs 1,351, or a potential gain of 20.73%. However, the grey market premium is unofficial and does not guarantee listing gains.

Jio IPO Subscription Status At A Glance

Investor Category Subscription (Times)
Overall 6.67x
GRADE 14.09x
SO 8.87x
Retail 2.01x
Shareholders 5.47x
Employees 2.43x

Note: Subscription figures as of 11:35 am on October 23, 2026. Figures are provisional.

The Jio Platforms IPO closes today. The allotment is expected on October 26, while the shares are scheduled to list on the BSE and NSE on October 28.

Jio IPO Dates: Subscription, Allotment And Listing Schedule

IPO Event Date
IPO Opening Date October 21, 2026
IPO Closing Date October 23, 2026
Basis of Allotment October 26, 2026 (Expected)
Refund Initiation / Fund Unblocking October 27, 2026 (Expected)
Shares Credited To Demat Accounts October 27, 2026 (Expected)
Listing On BSE And NSE October 28, 2026 (Scheduled)

Note: Allotment, refund, demat credit and listing dates are subject to confirmation in the official IPO schedule.

In this Jio IPO liveblog, follow the latest updates on the Day 3 subscription status, GMP today, price band, lot size, issue details, expert reviews, allotment date and expected listing date. We will also bring you important developments related to the public issue as they emerge.

Disclaimer: News18 is part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.



Source link
[ad_3]

Leave a Reply

Your email address will not be published. Required fields are marked *