Jio Platforms IPO Allotment Finalisation Scheduled

The Jio Platforms IPO share allotment is set to be finalised on Monday, October 26, with refunds beginning October 27 and a listing scheduled for October 28.

The public issue received bids for 22.19 times the shares on offer, with total demand exceeding ₹7.4 lakh crore and nearly 1.39 crore applications.

The grey market premium indicated an estimated listing price of ₹1,366 per share, representing a 22.07 percent increase over the ₹1,119 IPO price.