Jio Platforms IPO subscribed 22.19 times before Oct. 28 listing
In short
Jio Platforms’ Rs 30,188-crore IPO was subscribed 22.19 times. The final price was set at Rs 1,119 per share, and the stock is set to list on the NSE and BSE on October 28.
This matters because people who did not get shares are deciding whether to buy on listing day or wait. The reporting does not say how the stock will open.
What the reporting says
Jio Platforms’ Rs 30,188-crore IPO was subscribed 22.19 times, with the final issue price set at Rs 1,119 per share, and the stock is due to list on the NSE and BSE on October 28. Investors who missed the allotment are weighing whether to buy on debut or wait for a correction, according to the publisher summary. The reporting does not state the listing price or how the stock will trade.
Why it matters
Jio Platforms’ Rs 30,188-crore IPO was subscribed 22.19 times, and the final issue price was fixed at Rs 1,119 per share. The stock is scheduled to list on the NSE and BSE on October 28. The immediate focus is investor demand and debut-day pricing, but the available reporting does not establish the listing outcome or any post-listing valuation.