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Jio Platforms IPO GMP signals 22% potential listing gain; issue opens on October 21
Jio Platforms has announced its massive Rs 30,213 crore IPO, scheduled to open on October 21 with a price band of Rs 1,065 to Rs 1,119 per share. The issue is currently commanding a healthy grey market premium indicating strong potential listing gains for investors, with proceeds primarily earmarked to pay down subsidiary debt.