IPO GMP Today (20 Oct): Jio ₹245, BLS Polymers Opens 27 Oct
Markets are closed today for Dussehra, so there is no IPO bidding — but the grey market is still quoting. This morning's GMP snapshot shows Jio Platforms holding steady ahead of tomorrow's opening, while a brand-new IPO announcement has appeared: BLS Polymers' ₹255 crore issue opens on October 27. Below are the latest premiums, the final Jio anchor allocation numbers, and what to watch tomorrow.
Note: Grey market premiums are unofficial, unregulated and can change quickly. They are not a guarantee of listing performance.
IPO GMP Snapshot This Morning
| IPO | Price band | GMP (₹) | Premium (%) | Est. listing price* |
|---|---|---|---|---|
| Jio Platforms | ₹1,065–1,119 | ₹245 | +21.9% | ~₹1,364 |
| BLS Polymers (new) | ₹142–150 | ₹18 | +12.0% | ~₹168 |
| Paras Healthcare | ₹660–693 | ₹78 | +11.3% | ~₹771 |
| HD Fire Protect (lists 21 Oct) | ₹258–271 | ₹68–70 | +25–26% | ~₹340 |
| Core4 Engineers (SME) | ₹88–93 | ₹0 | — | — |
*Estimated listing price = upper band + GMP. Mainboard GMP quotes from tracker data as of 20 Oct 05:33 IST; press-reported Jio GMP late Monday was ₹250. Unofficial figures.
Jio Platforms: ₹245 GMP Before Oct 21 Opening
Jio Platforms continues to hold its ground in the unofficial market ahead of Wednesday's opening — the country's biggest-ever public issue (up to ₹30,213 crore). The premium has been broadly stable in the ₹245–250 band over the last two days, pointing to potential listing gains of roughly 22% at the upper price band.
Jio anchor book: final allocation numbers
Monday's ₹8,110 crore anchor book drew bids worth more than ₹2.5 lakh crore — over 30 times the available shares. The final allocation figures (reported late Monday) show:
- 7.24 crore shares allotted to 212 anchor investors at ₹1,119 — the top of the ₹1,065–1,119 band.
- LIC got the largest slice: ₹499.98 crore (6.17% of the anchor book).
- Global names: New World Fund (₹486.27 cr), Government of Singapore (₹340.93 cr), SBI Focused Fund (₹315 cr), BNP Paribas ODI (₹303.25 cr), plus BlackRock, Fidelity, Capital Group, ADIA, T. Rowe Price, Norges Bank and Janus Henderson.
- Domestic mutual funds took 34.34% (₹2,784.96 cr through 95 schemes of 25 fund houses); insurers and pension funds took 13.44%.
- Issue opens Oct 21, closes Oct 23, with a tentative listing on Oct 28. Eligible employees get a ₹54 per-share discount.
Read more: Jio IPO anchor book: 30x bids, ₹2.5 lakh cr demand and Jio IPO RHP filed: Oct 21–23 dates, ₹30,213 cr size.
BLS Polymers Announces ₹255 Crore IPO — Opens Oct 27
The big new announcement of the morning: BLS Polymers said on Monday it will open its ₹255 crore initial public offering on October 27, with the price band fixed at ₹142–150 per share. Anchor bidding is on October 26, the issue closes October 29, and the tentative listing is November 3 on BSE and NSE.
| Detail | Information |
|---|---|
| Issue size | ₹255 crore (pure fresh issue, 1.7 crore shares) |
| Price band | ₹142–150 |
| Lot size | 100 shares (min. investment ₹15,000) |
| Open / close | 27 Oct – 29 Oct 2026 |
| Anchor bidding | 26 Oct 2026 |
| Tentative listing | 3 Nov 2026 |
| BRLM / Registrar | Unistone Capital / KFin Technologies |
The company manufactures custom-formulated polymer compounds (used in telecom, power, railways, water and oil & gas), runs a Goa facility of 35,251 tonnes per annum, operates across 23 states and UTs, and exports to 13 countries. It is part of the BLS Group. Financially, BLS reported FY26 revenue of ₹349.43 crore and PAT of ₹27.01 crore; Q1 FY27 showed revenue of ₹107.03 crore and PAT of ₹10.23 crore. Of the proceeds, ₹77.56 crore goes to Goa plant expansion and ₹89.5 crore to working capital. Grey-market trackers quote a GMP of about ₹18 (+12%, unofficial).
Other Movers: Paras ₹78, HD Fire Lists Tomorrow
- Paras Healthcare quotes a GMP of ~₹78 (+11.3%) ahead of its ₹1,450 crore issue opening tomorrow (Oct 21–23). Read our preview: Paras Healthcare IPO: price band, dates, GMP & review.
- HD Fire Protect holds a GMP of ₹68–70 before its October 21 listing — implying roughly ₹340 per share (~26% above the ₹271 upper band). Read our preview: HD Fire Protect IPO listing 21 Oct: GMP, expected price.
- Core4 Engineers (BSE SME, opens Oct 23, ₹88–93 band) shows no GMP yet.
Key Dates — Today and Tomorrow
| Date | Event |
|---|---|
| Today (20 Oct) | Markets closed — Dussehra holiday; no IPO bidding |
| Tomorrow (21 Oct) | Jio Platforms IPO opens (closes Oct 23); Paras Healthcare IPO opens (closes Oct 23) |
| Tomorrow (21 Oct) | HD Fire Protect lists (BSE/NSE); Vaibhav Vyapaar lists (NSE SME) |
| 22 Oct | Fusion CX & Ravita Engineering list; 5 Oct-19 IPOs (Tonbo, Bonfiglioli, Zetwerk, Sahajanand, Shellz) list Oct 23 |
| 26–29 Oct | BLS Polymers anchor (26), public issue (27–29) |
| 28 Oct | Tentative listing for Jio Platforms and Paras Healthcare |
FAQs
Is the stock market open today (20 Oct)?
No. BSE and NSE are closed for Dussehra, so there is no IPO bidding and no trading today. Bidding resumes tomorrow.
What is the GMP of the Jio IPO today?
Tracker data this morning quotes a GMP of about ₹245–250 per share (~22%) above the upper price band of ₹1,119, implying an estimated listing price around ₹1,364. This is unofficial and may change.
When does the Jio IPO open?
The Jio Platforms IPO opens for public subscription on October 21 and closes on October 23. The anchor book (finalised Monday at ₹8,109.85 crore) was subscribed over 30 times. The tentative listing date is October 28.
What is the new BLS Polymers IPO?
BLS Polymers announced a ₹255 crore pure fresh issue opening October 27 (₹142–150 band, 100-share lot). It makes polymer compounds in Goa; FY26 revenue was ₹349.43 crore with PAT of ₹27.01 crore. A full review of the issue will follow.
Which IPOs list tomorrow?
HD Fire Protect (BSE/NSE) and Vaibhav Vyapaar (NSE SME) list on October 21. Jio Platforms and Paras Healthcare open for subscription the same day.
Conclusion
A quiet holiday morning for the primary market, but the pipeline is packed. Jio's steady ₹245–250 GMP and the record 30x anchor book set the tone for tomorrow's opening, Paras Healthcare's ₹78 premium shows the Oct 21–23 window has momentum, and BLS Polymers adds a fresh post-Diwali-season name to watch. With HD Fire Protect listing tomorrow and five more debuts by Oct 23, this week will be one of the busiest of the year — we will track subscription, GMP and listing-day action through the day.