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Were You Among 70% Retail Winners In Jio IPO Allotment? Here’s How To Check

Published by
Anjali Belgaumkar

Applicants in the ₹30,213 crore Jio Platforms IPO can now see whether they received shares, after the basis of allotment was finalised on Monday. Successful investors should find Jio Platforms shares in their demat accounts on Tuesday, October 27, while blocked funds for those who missed out are being released the same day. Results can be checked on the KFin Technologies registrar portal, or on the NSE and BSE websites, using a PAN, application number or DP client ID. Retail applicants had roughly a 70% chance of winning one lot of 12 shares, based on lots available against total retail applications. Trading begins on both exchanges on Wednesday, October 28, with the grey market premium indicating a debut about 22% above the ₹1,119 issue price.

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Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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