Jio’s $3.2 Billion IPO Draws Strong Bids on Final Day
Investors’ subscriptions for Jio Platforms’ $3.2 billion offering surged further on the final day of bidding, according to the report.
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Investors’ subscriptions for Jio Platforms’ $3.2 billion offering surged further on the final day of bidding, according to the report.
The National Stock Exchange of India's IPO drew bids worth more than $10 billion by its final day, oversubscribing by 5.7 times the shares on offer. Institutional buyers led the demand, bidding for 12.68 times their reserved portion.