BusinessPhoto: Amar BusinessJio IPO Subscribed Over 3 Times on Day 1, GMP at ₹246 on Day...
Jio Platforms' ₹30,213 crore IPO became India's largest ever, subscribed 3.01 times on the first day within 100 minutes, surpassing Hyundai Motor India's ₹27,870 crore record. On the second day, the grey market premium (GMP) reached ₹246 per share, indicating a 22% premium over the upper price band of ₹1,119. The listing price is estimated around ₹1,365 per share, with GMP previously hitting ₹275, suggesting up to 25% listing gains.
Amar Business·


