The ₹30,213-crore initial public offering of Jio Platforms, backed by Reliance Industries Limited, is scheduled to open for subscription on Wednesday, October 21.
Ahead of the issue, Jio Platforms shares commanded a grey market premium between ₹148 and ₹250, pointing to estimated listing gains of roughly 22.16% over the upper price band of ₹1,119.
Retail investors can apply for a minimum lot size of 12 shares requiring ₹13,428 at the upper price band, with share listing anticipated on October 28.