Jio Platforms IPO subscribed 22 times, listing on October 28

Reliance-backed Jio Platforms' IPO was subscribed 22.19 times, with share allotment expected on October 26 and listing on October 28. Based on the upper price band and post-issue share count, the company's market capitalisation is estimated at Rs 10.30 lakh crore, which could place it among the top five companies on the BSE.