Jio IPO Subscribed Over 3 Times on First Day
Jio's IPO saw strong demand on its first day, with the institutional (QIB) portion of 4.9 crore shares subscribed nearly 9.5 times. The high-net-worth investors’ segment, reserved for about 3.6 crore shares, was subscribed 1.7 times. Typically, institutional investors apply on the final day, but Jio's IPO was subscribed within 100 minutes.
TOI Business·



