Jio Platforms IPO allotment | Hyderabad, Oct 26: The Jio Platforms IPO allotment is scheduled for Monday, October 26, after the issue drew strong demand and was subscribed 22.19 times overall. Shares of Reliance Industries’ Jio Platforms will list on the BSE and NSE on Wednesday, October 28. The IPO closed on October 23.
Qualified institutional buyers (QIBs) subscribed 70.55 times their quota. Non-institutional investors bid 14 times, and retail investors 2.72 times. The issue size is ₹30,188 crore, according to the source.
Refunds and demat credit are due on Tuesday, October 27. In the grey market, Jio Platforms shares were trading at a premium of about 22%, according to market observers. The grey market is an unofficial market where IPO shares trade before listing, and its premium does not guarantee listing gains.
How to check Jio Platforms IPO allotment status
Investors can check allotment on the BSE, the NSE or the registrar’s portal, KFin Technologies. On the BSE and NSE sites, select Jio Platforms, enter your PAN or application number and submit the details. On the KFin portal, select the Jio Platforms IPO, choose PAN, application number or demat details as the search option and submit the form.
Paras Healthcare will also list on October 28. Its ₹1,450-crore IPO was subscribed 2.23 times, and its shares were trading at a premium of just over 1% in the grey market.
Nine IPOs, including five mainboard issues, open in the week starting October 26 to raise ₹2,780.66 crore. EAAA India Alternatives opens its ₹1,200-crore IPO on October 26 with a price band of ₹1,585 to ₹1,665 per share.
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