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Live News EQUITY ARTICLE M impact

Jio Platforms IPO Subscribed 3.05 Times on First Day

The ₹30,213 crore IPO drew bids worth over ₹67,500 crore as of 6:30 pm on Wednesday, October 21.

Jio Platforms’ initial public offering was subscribed 3.05 times on the first day of bidding, Wednesday, October 21. By 6:30 pm, investors had placed bids worth over ₹67500 crore. The ₹30213 crore offering drew strong demand and was subscribed within 100 minutes of launch.