Jio Platforms’ IPO draws record bids, with multiple outlets reporting around ₹7 lakh crore in demand and an overall subscription of about 22 times the shares on offer. Bidding results show strong participation across investor categories, including institutional, non-institutional and retail investors, with the issue described as fully subscribed within a short window.
As allotment processing moves ahead, several outlets focus on how investors can check whether shares are allotted and on grey-market signals for potential listing gains. Reports cite a grey market premium of roughly 22% over the upper IPO price band and give an indicative listing price in the ₹1,360–₹1,370 range.
Context is provided through valuation expectations and market comparisons: outlets say the offer implies an equity valuation around ₹10.3 lakh crore and could place Jio among India’s largest listed firms by market capitalisation post-listing. Coverage also notes the listing is scheduled for October 28, 2026, on the BSE and NSE, alongside references to market volatility.
