1. Jio Platforms IPO fully subscribed in just 100 minutes of opening

Jio Platforms IPO fully subscribed in just 100 minutes of opening

Business

  • • Jio Platforms’ ₹30,213-crore IPO was fully subscribed within 100 minutes of opening on Wednesday.
  • The IPO is set to become India’s largest-ever public offering, surpassing Hyundai Motor India’s ₹27,856-crore issue.
  • Jio Platforms is offering around 27 crore fresh shares at ₹1,065–₹1,119 apiece, with proceeds going to the company.

Source: firstpost.com

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