{
  "id": 15578355,
  "title": "Jio Platforms IPO GMP Today: Grey Market Premium Hits ₹250 Ahead Of October 21 Opening, Check Price Band, Lot Size & Listing Date",
  "url": "https://urgent.news/2026/10/19/jio-platforms-ipo-gmp-today-grey-market-premium-hits-250-ahead-of",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T07:16:55.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/jio-platforms-ipo-gmp-today-grey-market-premium-hits-250-ahead-of-october-21-opening-check-price-band-lot-size-listing-date"
  },
  "original_language": "en",
  "account": "The highly anticipated Jio Platforms Initial Public Offering (IPO) is scheduled to commence subscriptions, with market observers keenly monitoring its grey market premium (GMP) prior to the official launch. The IPO, valued at Rs 30,213 crore, is set to become India's largest public issue, potentially surpassing Hyundai Motor India's Rs 27,800 crore IPO from October 2024.\n\nThe subscription process for Jio Platforms' IPO will span three days, from October 21 to October 23, 2026. The company anticipates allotment on October 26 and intends to list its shares on the stock exchanges on October 28, 2026. The grey market premium, currently at Rs 250 per share, indicates a possible listing gain of around 22.34 percent over the upper price band.\n\nThe IPO price band has been set between Rs 1,065 and Rs 1,119 per equity share, with each share bearing a face value of Rs 10. The entire capital will be raised through the issue of new shares rather than the sale of shares held by existing shareholders. Retail investors are required to apply for a minimum of one lot, consisting of 12 shares. At the upper price band, investing in one lot would necessitate a minimum of Rs 13,428.\n\nIt is important to note that grey market premiums are informal indicators and do not guarantee actual listing gains. Investors should approach these estimates with caution, as grey market premiums can fluctuate rapidly based on market conditions and demand.",
  "summary": "Mumbai: The much-awaited Jio Platforms Initial Public Offering (IPO) is set to open for subscription this week, with investors closely watching its grey market premium (GMP) ahead of the launch. The Rs 30,213 crore IPO will open on October 21, 2026, and close on October 23, 2026. According to IPO Watch, Jio Platforms' grey market premium stood at Rs 250 per share on October 19, indicating a…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Jio Platforms IPO 2026 Attracts ₹2.5 Lakh Crore Demand As Global Investors Line Up Ahead Of October 21 Opening",
        "url": "https://urgent.news/2026/10/19/jio-platforms-ipo-2026-attracts-2-5-lakh-crore-demand-as-global",
        "published": "2026-10-19T08:40:34.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}