Jio Platforms IPO Retail Portion Fully Subscribed on Day Two
The retail category was fully subscribed by 11:00 a.m. on the second day of bidding, according to BSE data. Qualified institutional buyers led demand at 9.42 times subscription.
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The retail category was fully subscribed by 11:00 a.m. on the second day of bidding, according to BSE data. Qualified institutional buyers led demand at 9.42 times subscription.
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.
Exchange data showed orders for 3.47 times the shares on offer in the $3.2 billion IPO, with the retail portion fully subscribed on the second day of public bidding.