BusinessPhoto: News18 BusinessJio Platforms' Rs 30,213 Crore IPO Attracts Rs 7.4 Lakh Crore Demand
Jio Platforms launched India's largest-ever IPO with an issue size of Rs 30,213 crore, attracting bids worth around Rs 7.4 lakh crore and 1.38 crore applications. The IPO closed on October 23 with a subscription of 22.19 times, marking a record in India's primary market. Valued at about Rs 10.3 lakh crore, Jio Platforms is among India's most valuable companies before its October 28 stock debut.
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