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Jio IPO opens with a bang, issue gets fully booked as QIBs drive demand. Check GMP

viaeconomictimes.indiatimes.com21 Oct
Jio IPO opens with a bang, issue gets fully booked 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).

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