Jio IPO Listing Live: GMP signals 22% listing gain; shares to debut today

NewsBusinessIPOJio IPO Listing Live: GMP signals 22% listing gain; shares to debut todayLive blogJio Platforms IPO Listing LIVE: Track Jio IPO listing price, GMP today, expected listing gains, allotment details, final subscription status and live share price on NSE and BSE.Jio Platforms IPO opened for bidding from October 21 and closed on October 23. (Photo: REUTERS/Ashish Vaishnav)Reliance Jio Platforms’ Rs 30,189-crore IPO received a strong response from investors, closing with 21.36 times overall subscription, led by qualified institutional buyers. The retail portion was subscribed 2.76 times, while the QIB and non-institutional investor categories were subscribed 67.15 times and 13.99 times, respectively. With allotment finalised, Jio Platforms shares are scheduled to make their stock market debut on the NSE and BSE at 10 am on October 28. Track the latest GMP, expected listing gains, opening price and live share price updates. ...Read MoreOct 28, 2026 09:02 ISTJio IPO LIVE GMP: Rs 247 premium signals 22% listing gainThe grey market premium (GMP) for the Jio Platforms IPO stood at Rs 247 on the morning of October 28, indicating an estimated listing price of Rs 1,366 against the upper price band of Rs 1,119 per share. At this premium, the indicative listing gain works out to 22.07%. Jio Platforms shares are scheduled to make their stock market debut on the NSE and BSE at 10 am today, following strong investor demand for the issue. The IPO was subscribed 21.36 times overall by the close of bidding on October 23. The qualified institutional buyer (QIB) portion, excluding anchor investors, was subscribed 67.15 times, while the non-institutional investor (NII) category was subscribed 13.99 times. The retail portion was subscribed 2.76 times. With the allotment finalised ahead of listing, investors will track the opening price against the IPO's upper price band of Rs 1,119 and the unofficial grey market estimate. The GMP is an unofficial indicator of market sentiment and does not guarantee the actual listing price or returns. Follow this LIVE blog for Jio IPO listing price updates, the NSE and BSE debut, and the stock's early trading performance. Oct 28, 2026 08:46 ISTJio Platforms IPO subscribed 22.19 times; here's how to check allotment statusThe Jio Platforms IPO received an overall subscription of 22.19 times, with strong demand from institutional investors during the three-day bidding period that ended on October 23, 2026. The issue attracted bids for around 438.3 crore shares against approximately 19.75 crore shares on offer. The qualified institutional buyers (QIB) category was subscribed 70.55 times, while the non-institutional investor (NII) category was subscribed 14 times. The retail investor portion received bids for 2.72 times the shares reserved for the category. The allotment was finalised on October 26, and investors can now check whether they have received shares in the Rs 30,213-crore public issue. Jio Platforms is scheduled to list on the BSE and NSE on Wednesday, October 28. Investors can check their allotment through the IPO registrar, KFin Technologies, or the official websites of the BSE and NSE. Oct 28, 2026 08:29 ISTJio IPO Listing Live: Jio offers long-term growth potential, says market expert“The listing of Jio Platforms is definitely a milestone in the Indian capital market. It is a major Indian digital infrastructure business with substantial growth opportunities,” said Uday Patil, executive director at PL Capital. He said Jio's base of more than 500 million subscribers and its extensive telecom network, alongside broadband, enterprise technology, cloud and artificial intelligence (AI) opportunities, could support its growth. “Higher revenue per user, home broadband, enterprise services and monetisation of digital platforms could support future growth,” Patil said, adding that execution would determine how much value these opportunities create. “It is definitely a long-term bet, and every investor would like to have the share in its portfolio,” he added.