Reliance Jio Platforms and Paras Healthcare IPOs Witness Contrasting Demand

Reliance Jio Platforms and Paras Healthcare closed their initial public offerings with contrasting investor demand, with Jio's issue subscribed 22.19 times and Paras subscribed 2.23 times.

Jio Platforms attracted total demand crossing ₹7.4 lakh crore across its public issue and anchor placement, while Paras Healthcare raised ₹652.5 crore from anchor investors.

Grey market premiums indicated estimated listing gains of 22.34% for Jio Platforms at ₹250 and 1.73% for Paras Healthcare at ₹12 ahead of share allotment on Monday.