The Jio Platforms IPO closes on Friday, October 23, giving investors their final opportunity to apply. The public issue has attracted strong demand, with overall subscription crossing six times the shares on offer on the final day, according to a market update. The final subscription figures should be checked on the stock exchange websites after bidding closes.
The price band is ₹1,065 to ₹1,119 per share. The minimum application lot is 12 shares, requiring an investment of ₹13,428 at the upper price. The IPO includes a reservation of up to ₹2,500 crore for eligible Reliance Industries shareholders and ₹500 crore for eligible employees. Eligible employees are offered a discount of ₹54 per share.
Jio IPO: Important dates
- October 23: Last day to apply.
- October 26: Allotment is expected to be finalised.
- October 27: Refunds or unblocking of funds for unsuccessful applicants, and credit of allotted shares to demat accounts.
October 28: Proposed stock market listing.
How to check your allotment status
Investors can check their application through the IPO registrar, KFin Technologies, or the stock exchange websites.
- Visit the official registrar website: https://ipostatus.kfintech.com/
- Select Jio Platforms Ltd from the IPO list.
- Enter your PAN, application number or demat account details as requested.
- Submit the details to view the allotment status.
Investors can also check the NSE IPO bid-status page or their broker’s app. An allotment is not guaranteed, even when an IPO receives strong demand. The grey market premium (GMP) is unofficial and does not guarantee listing gains.
Investors should check official exchange updates for the final subscription figures and any changes to the timetable.
Disclaimer: Share market investments are subject to market risks.
