BusinessPhoto: News18Hi BusinessJio IPO Subscribed 3.75 Times on Second Day with Strong Investor Response
Jio Platforms' ₹30,213 crore IPO received strong investor response on its second day. By 12:20 PM on October 22, the issue was subscribed 3.75 times, with Qualified Institutional Buyers subscribing 9.6 times, Non-Institutional investors 3 times, and Retail investors 1.13 times. The grey market premium stood at around ₹246. The IPO price band is ₹1,065-1,119, closing on October 23, with listing expected on October 28.
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