Economic Times – MercadosMercadosen
Jio IPO opens with a bang, issue gets fully booked on Day 1 as QIBs drive demand. Check GMP
Mukesh Ambani-led Jio Platforms’ IPO saw strong demand on Day 1. The IPO commanded a grey market premium (GMP) of around 25%, while brokerages remained optimistic, citing Jio’s telecom leadership, improving profitability and growth opportunities in broadband and artificial…