# Jio Platforms IPO listing set for 28 October, grey market premium 22%

2026-10-25T20:46:28+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Mukesh Ambani-led Reliance Industries unit Jio Platforms will list its shares on the NSE and BSE on Wednesday, 28 October, according to tv9hindi.com. The IPO, which raised Rs 30,213 crore, became India's largest-ever public issue, surpassing Hyundai Motor India's Rs 27,870 crore IPO in 2024. Grey market signals indicate a listing gain of over 22%, with unlisted shares trading at Rs 1,366 per share against the upper price band of Rs 1,119, implying a premium of Rs 247 per share or 22.07%. The issue was subscribed over 22 times, with qualified institutional buyers (QIB) category subscribed 70.55 times, non-institutional investors (NII) 14 times, and retail individual investors (RII) 2.72 times. The IPO was fully subscribed within 100 minutes of opening and received about 1.4 crore applications. Share allotment is expected to be finalised by 26 October, with refunds starting 27 October for unsuccessful bidders. The grey market premium is unofficial and may fluctuate before listing.

## Indian Opinion Analysis

Both outlets report the story as straight market news with no discernible slant. tv9hindi.com leads with the grey market premium and Jio’s subscription details, while bhaskar.com leads with the five IPOs opening from 26 October and references Jio only as a record-sized benchmark. The coverage is uniform in tone: neither outlet questions the offering, the valuations, or the regulatory process. The real market test will be the listing price on 28 October and whether the grey market premium materialises into actual gains.

## Coverage

Coverage: 2 sources, 2 neutral
- tv9hindi.com (neutral report) <https://www.tv9hindi.com/business/reliance-jio-ipo-listing-this-week-check-latest-gmp-and-grey-market-signals-3945013.html>
  Leads with grey market premium figures and IPO subscription data without editorialising
- bhaskar.com (neutral report) <https://www.bhaskar.com/g/business/news/stock-market-ipo-list-india-october-2026-investing-update-139485442.html>
  Focuses on the five upcoming IPOs, mentions Jio only as a record-sized comparison

This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry.

Tags: BSE, IPO, Jio Platforms, Mukesh Ambani, NSE, Reliance Industries
Canonical: https://indianopinion.org/jio-platforms-ipo-listing-set-for-28-october-grey-market-premium-22/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/jio-platforms-ipo-listing-set-for-28-october-grey-market-premium-22/#story-in-brief

How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/
