BusinessPhoto: FinshotsJio Platforms IPO Becomes Largest Subscribed Issue with Record Bids
Jio Platforms' IPO became the largest subscribed issue, receiving bids over 20.5 times on the third day. It attracted Rs 7.4 lakh crore in bids and set a global record with 1.38 crore applications. The IPO's grey market premium indicated over 22% listing gains, highlighting strong investor interest and wealth creation potential.
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