Jio Platforms shares to be available under MTF from Day 1. What should investors know?
Jio Platforms shares are set to debut on October 28 and will be available under the Margin Trading Facility (MTF) from day one. The stock commands a grey market premium of Rs 246-247 over its IPO price of Rs 1,119. The issue was subscribed 22.19 times, while analysts see long-term growth potential in Jio’s telecom leadership...
Key Takeaways
- Jio Platforms shares are set to debut on October 28 and will be available under the Margin Trading Facility (MTF) from day one.
- The stock commands a grey market premium of Rs 246-247 over its IPO price of Rs 1,119.
- The issue was subscribed 22.19 times, while analysts see long-term growth potential in Jio’s telecom leadership and expanding digital businesses.
Jio Platforms shares are set to debut on October 28 and will be available under the Margin Trading Facility (MTF) from day one. The stock commands a grey market premium of Rs 246-247 over its IPO price of Rs 1,119. The issue was subscribed 22.19 times, while analysts see long-term growth potential in Jio’s telecom leadership and expanding digital businesses.
Original Publisher Attribution
This summary was curated from Economic Times.