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Jio Platforms initial public offering (IPO) allotment is all set to be finalised on Monday, October 26. Backed by Mukesh Ambani’s Reliance Industries Limited (RIL), Jio IPO was subscribed more than 22 times during the bidding period. As all eyes are now on the finalisation of allotment shares, here’s how investors can check allotment status on KFin Tech registrar portal. Investors can check their allotment status on KFin Technologies website by three different methods, ie, PAN Number, IPO Application Number, and demat account number. -Visit the KFin Technologies website. ris.kfintech.com -Navigate the home page, select and open IPO status page. - Select the drop-down menu, and choose Jio Platforms option. -Readers must note that Reliance Jio IPO name will be visible on the dropdown menu list only after the allotment is officially finalized. -Once you select Jio IPO, now select PAN number as search type. -Readers can also select other methods like IPO application number, demat account number. -Proceed with PAN number option and then enter details like identification number. -Submit after filling details and search. Jio IPO was subscribed 22.19 x on day 3, which included a massive 70.55 times subscription in the qualified institutional buyers (QIB) category, 14x subscription in non institutional investors (NII) category, 2.72x subscription in the retail investors segment, 2.93 x bidding in employee reserved quota, and 7.60x subscription in the reservation portion shareholder. Event Date (Tentative) Jio Platforms' last recorded grey market premium (GMP) stood at ₹250 per share at 1 pm on Ocotber 25, according to media reports. Considering its upper price band of ₹1119 per share, the issue is likely to be listed on BSE and NSE at ₹1369 per share (which is the sum of upper price band and grey market premium). It indicates that the issue is expected to be listed with 22.34% gain. Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Log in to our website to save your bookmarks. It'll just take a moment. Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.
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