Jio Platforms' IPO fully subscribed in 100 minutes of opening, marks fastest-ever subscribed offer
Jio Platforms Ltd.'s initial public offering (IPO) was fully subscribed within 100 minutes of its opening on Wednesday, marking the fastest-ever subscription for an IPO in India. The offer, which remains open until October 23, is expected to surpass Hyundai Motor India's ₹27,870 crore IPO in 2024, potentially becoming the largest in India by value.