Reliance Jio IPO Sparks Grey Market Activity with GMP Above ₹170
Ahead of Reliance Jio's IPO, grey market premium (GMP) has surged past ₹170, indicating strong investor interest. The IPO price band update suggests significant demand for shares of Mukesh Ambani's company. Despite recent pressure on Reliance shares hitting a 52-week low, Jio's IPO is set to be India's largest. Ownership also includes Mark Zuckerberg, highlighting diverse stakeholders.
Navbharat Times·




