BusinessPhoto: News18Hi BusinessReliance Jio IPO Fully Subscribed in 100 Minutes, Breaks Records
Reliance Jio Platforms' IPO worth ₹30,213 crore was fully subscribed within 100 minutes of opening, breaking subscription speed records previously held by Hyundai Motor India, Bajaj Housing Finance, and LG Electronics. By 10:39 AM, institutional investors had subscribed 3.25 times. Anchor investors contributed ₹8,110 crore. The IPO closes on October 23, with listing expected on October 28.
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