Both Jio Platforms and Paras Healthcare IPO investors can now check their allotment status today (October 26) as shares have been successfully allotted following the issue's completion. According to reports from ET Now, Jio Platforms IPO was subscribed 12.45 times during its three-day subscription window, while Paras Healthcare received an overall subscription of 1.92 times. The finalisation of share allotment marks the completion of this phase for both issues. Jio Platforms shares are expected to be listed on NSE and BSE on October 28, while Paras Healthcare shares are also scheduled for listing on the same date.
Investors can check their allotment status through multiple platforms as reported by ET Now. For Jio Platforms IPO verification on BSE, investors should select "Equity" under issue type, choose Jio Platforms from the dropdown menu, enter application number or PAN details, complete CAPTCHA, and click search. On NSE, investors need to select "Equity & SME IPO Bid Details," choose Jio Platforms from the options, enter their PAN and application number, and click submit. Alternatively, investors can check directly on the KFin Technologies portal by selecting Jio Platforms from the dropdown menu and entering required details. For Paras Healthcare, verification follows similar steps on BSE and NSE platforms, with additional options available on the MUFG Intime India portal by selecting Paras Healthcare and choosing PAN, Application Number, or DP ID option.
The grey market premium (GMP) of both IPOs has shown significant movement from their opening levels. According to latest reports, Jio Platforms IPO's GMP currently stands at ₹247 per share on October 26, indicating an estimated listing premium of approximately 22.07%. Based on the upper price band of ₹1,119, shares are expected to list around ₹1,366, compared with the issue price. Meanwhile, Paras Healthcare IPO's GMP has declined to ₹9 per share, indicating an estimated listing premium of just over 1.30%. As per the upper price band of ₹693, shares are expected to list around ₹702, suggesting only marginal listing gains ahead of the October 28 debut.
Both IPOs had distinct pricing and structure approaches. Jio Platforms had a price band of ₹1,065 - ₹1,119 per share and comprised a fresh issue of shares, while Paras Healthcare's ₹1,450 crore public issue included a fresh issue of ₹500 crore and an offer for sale of ₹950 crore. The Jio Platforms IPO opened for subscription on October 21 and closed on October 23, while Paras Healthcare opened on the same dates. JM Financial serves as the book-running lead manager for Paras Healthcare, while MUFG Intime India acts as the registrar for both issues. Jio Platforms is a digital technology company spanning telecommunications, broadband, digital entertainment, cloud services, and enterprise solutions, with subsidiary Reliance Jio Infocomm Ltd. operating telecommunications services.
