Jio IPO subscribed 3.02 times on first day of bidding
BSE data showed bids for 59.55 crore shares against 19.75 crore shares on offer as of 5:24 pm. The QIB portion saw 9.02 times demand.
New Delhi, Oct. 21 -- Jio Platforms' initial public offering (IPO) was subscribed 3.02 times on the first day of bidding on Wednesday, with investors placing bids for 59.55 crore shares against 19.75 crore shares on offer, according to BSE data as of 5:24 pm.Qualified institutional buyers (QIBs) le…