IPO GMP, subscription race: Reliance Jio Platforms vs Paras Healthcare - Grey market premium, QIB, NII, Retail details
Investor demand differed sharply between the IPOs: Jio Platforms drew bids worth more than ₹7.4 lakh crore and was subscribed 22.19 times, compared with 2.23 times for Paras Healthcare. Grey market premiums indicated stronger expected gains for Jio.