What is the grey market premium before the listing of Jio Platforms IPO?
Coinpedia
1h ago
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According to market observers, the premium on the grey market for Jio Platforms shares before listing was approximately 22%. Based on an issue price ceiling of 1,119 Indian rupees, this means the potential listing price would be around 1,365 Indian rupees per share; however, since the grey market is unofficial and unregulated, the premium may fluctuate significantly before listing, and the actual opening price cannot be guaranteed.
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According to market observers, the grey market premium of Jio Platforms stock before its listing was approximately 22%.

Calculated at the upper limit of the issue price of INR 1,119, the corresponding potential listing price would be approximately INR 1,365 per share, which represents an increase of about INR 246 per share.

For retail subscribers who purchase 12 shares at a time, this means that the indicative return is approximately 2,950 Indian rupees.

However, the gray market is an unofficial and unregulated market, so this premium may change significantly before listing, and the actual opening price cannot be guaranteed.

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