Jio IPO opens with a bang, issue gets fully booked on Day 1 as QIBs drive demand. Check GMP
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).
Key takeaways
- Category: Stocks.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.













