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Jio IPO opens with a bang, issue gets fully booked on Day 1 as QIBs drive demand. Check GMP

Economic Times 1 hr ago·21 Oct 2026, 5:10 am

Mukesh Ambani-led Jio Platforms’ IPO saw strong demand on Day 1. The IPO commanded a grey market premium (GMP) of around 25%, while brokerages remained optimistic, citing Jio’s telecom leadership, improving profitability and growth opportunities in broadband and artificial intelligence (AI).

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