BusinessPhoto: NDTV BusinessJio Platforms IPO Subscribed 83% with QIBs Leading Bids
Jio Platforms' IPO, one of India's largest public offerings, opened for subscription on October 21. The fresh issue is worth Rs 30,213 crore, comprising 27 crore shares priced between Rs 1,065 and Rs 1,119 each. The retail investment requirement is Rs 13,428 for one lot of 12 shares. As of now, the issue is subscribed 83%, led by Qualified Institutional Buyers (QIBs).
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