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Jio Platforms ₹30,213 Crore IPO Subscribed 3.55 Times

Ananya SharmaSource: thehindubusinessline.com
Updated 3d ago
Jio Platforms ₹30,213 Crore IPO Subscribed 3.55 Times
Jio Platforms ₹30,213 Crore IPO Subscribed 3.55 TimesSource: thehindubusinessline.com
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Jio Platforms' ₹30,213-crore initial public offering was subscribed 3.55 times overall by Thursday morning, October 22. Investors placed bids for 70.02 crore shares against the 19.75 crore shares available.

Qualified institutional buyers led the demand, subscribing 9.42 times their allotted portion. Non-institutional investors subscribed 2.57 times, while the retail category crossed full subscription at 1.04 times on Day 2.

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