Retail Investors Fully Subscribe Jio IPO on Second Day
Orders for Jio Platforms' $3.2 billion IPO reached 3.64 times the shares on offer on the second day of bidding, with the retail portion fully subscribed.
Appetite for the $3.2 billion IPO of billionaire Mukesh Ambani's Jio Platforms (JIOP.NS) kept building on Thursday, its second day of public bidding, with orders at 3.64 times the shares up for grabs and the retail portion now fully subscribed.In what is set to be India's largest IPO and the first…