Jio Platforms IPO Fully Subscribed Within 100 Minutes of Opening
Jio Platforms’ Rs 30,213 crore IPO was fully subscribed within 100 minutes of opening on Wednesday. The offer was priced at Rs 1,065–1,119 per share, with strong institutional demand.
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08:26:44 AM UTC
SquawkNews
Reliance Industries Ltd (RIL) shares rose 2.7 percent in intraday trading on Wednesday as the Rs 30,213-crore initial public offering (IPO) of its digital arm, Jio Platforms Ltd, was fully subscribed within minutes of opening, setting a record for the fastest subscription of a public issue.RIL shar…
Jio Platforms’ Rs 30,213 crore initial public offering was fully subscribed within 100 minutes of opening on Wednesday, driven by strong demand from institutional investors.The IPO, priced at Rs 1,065—1,119 per share, saw its portion reserved for Qualified Institutional Buyers (QIBs) fully subscrib…