BusinessPhoto: Amar BusinessJio Platforms IPO Fully Subscribed in 100 Minutes, Bids Cross ₹50,000 Crore
Jio Platforms Limited's ₹30,213 crore IPO was fully subscribed within 100 minutes of opening, making it India's fastest IPO subscription. By afternoon, bids crossed ₹50,000 crore, 2.35 times the offered shares. Investors bid for 46.50 crore shares against 19.75 crore offered. Institutional investors led demand, with qualified institutional buyers subscribing 7.09 times. Retail segment was under-subscribed at 0.58 times.
Amar Business·



