Daily Market Updates: Reliance’s Jio Platforms IPO allotment on Mon, Oct 26: What happens to your money if you get none, one or many lots?

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Reliance’s Jio Platforms IPO allotment on Mon, Oct 26: What happens to your money if you get none, one or many lots?

Reported · Written up by our desk · North America

Jio Platforms’ IPO was subscribed more than 22 times, making allotment uncertain, especially for investors seeking multiple lots. Applicants allotted no shares will have their blocked funds released; those allotted one 12-share lot will be charged ₹13,428 at the upper price band.

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LiveMint MarketsReliance’s Jio Platforms IPO allotment on Mon, Oct 26: What happens to your money if you get none, one or many lots?

Global Markets

Reliance’s Jio Platforms IPO allotment on Mon, Oct 26: What happens to your money if you get none, one or many lots?

More like this

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