IPO GMP comparison: Reliance Jio Platforms IPO vs Paras Healthcare | Subscription status Day 1, listing price prediction
Jio Platforms' ₹30,213-crore IPO was fully subscribed within 100 minutes on October 21, achieving 3.01 times subscription by day's end. In contrast, Paras Healthcare's ₹1,450-crore IPO was only 0.15 times subscribed, reflecting weak demand. Investors are closely watching the grey market premium, which for Jio Platforms eased to ₹246, indicating ongoing strong interest.