Jio IPO crosses 10-times subscription on final day, attracting massive investor demand
- Jio Platforms' ₹30,213 crore IPO closes for bidding on October 23.
- IPO received bids exceeding 10 times the available shares, showing strong investor interest.
- Institutional investors led demand, subscribing 26.5 times their quota, while retail subscriptions reached 2.3 times.
- Shares are priced between ₹1,065 & ₹1,119, with allotment expected October 26 & stock market listing October 28.
Source: reuters.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android



