BusinessPhoto: Mint MarketsJio IPO GMP Indicates 22% Listing-Day Gain, Second Largest Market Cap in India
Jio Platforms Ltd.'s $3.1 billion IPO is generating strong investor interest, with gray market premium (GMP) around 22% ahead of its 28 October listing. This suggests a significant debut pop, potentially making Jio the second-most valuable Indian company after Reliance Industries, surpassing Bharti Airtel. The IPO has attracted over $78 billion in demand, reflecting robust market enthusiasm.
Mint Markets·

