Jio Platforms IPO Day 1 Live Updates: Jio Platforms IPO Day 1 Live: Issue subscribed 1.27x, QIB portion 3.86x
Jio Platforms' ₹30,213-crore initial public offering (IPO) opened for subscription on October 21, with Day 1 seeing 1.27 times overall subscription by 11:30 am. The qualified institutional buyers (QIB) portion was heavily oversubscribed at 3.86 times, while retail individual investors (RII) lagged at 0.33 times. The IPO closes on October 23.