BusinessPhoto: Prabhat KhabarJio IPO Breaks Record with Over 13.8 Million Applications
Jio Platforms' IPO, valued at ₹30,213 crore, received over 13.8 million applications in three days, breaking the previous record held by V-Guard Energies with 9.7 million applications. Anchor and non-anchor investors' bids totaled nearly ₹7.40 lakh crore, with non-anchor bids at ₹4.90 lakh crore and anchor bids at ₹2.50 lakh crore. The issue closed with 22 times oversubscription, setting a new world record for investor participation in an IPO.
Prabhat Khabar·


