Ambani's $3.2 Billion Jio IPO Fully Subscribed in Record Time
Reliance Jio's initial public offering (IPO) worth $3.2 billion attracted rapid bids and was fully subscribed within just 100 minutes of opening, marking a record for the largest public issue in India. The strong demand reflects investor confidence in Jio and contributed to a rally in Indian stock indices like Sensex and Nifty, boosted by IT stocks and positive global cues.
Reuters·




