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What is the Jio Platforms IPO GMP before listing?

Published by
Anjali Belgaumkar

Jio Platforms shares were trading at a grey market premium of about 22% ahead of listing, according to market observers. At the ₹1,119 upper price band, that points to a possible listing price of roughly ₹1,365 per share, or a gain of about ₹246 per share. For a single retail lot of 12 shares, that would mean an indicative profit of around ₹2,950. The grey market is unofficial and unregulated, so the premium can change sharply before listing and does not guarantee actual opening prices.

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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