Jio IPO Subscribed 3.16 Times on First Day
Investors bid for 3.16 times the shares on offer on the first day of Jio Platforms’ IPO, according to the report.
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07:19:56 PM UTC
SquawkNews
IPO GMP race, Oct. 21 -- Jio Platforms initial public offering (IPO) witnessed robust demand on Day 1, garnering 3.04 times subscription on Wednesday, October 21. Its latest grey market premium today (GMP) indicated potential listing gains of around 22%.In contrast, Paras Healthcare, which also ope…
New Delhi, Oct. 21 -- India's largest initial public offering (IPO) got off to a flying start with Jio Platforms Ltd scoring the highest first-day subscription for any mega share sale, as investors jostled for a pie of the country's largest telecom company.Investors bid for as much as 3.16 times of…