The Economic Times

Reliance Jio IPO: GMP already seeing 'Ambani premium' ahead of record issue launch

Reliance Jio Platforms is gearing up for a monumental IPO, sparking tremendous investor interest as grey market prices indicate a robust premium. Analysts suggest a potential 15-16% rise over the anticipated price range, with estimated proceeds around Rs 30,200 crore, marking this as India's largest public offering. Jio aims to redefine its image as a technology powerhouse, with further details on pricing and plans expected soon.