[Update] Jio Platforms IPO Ends Day 2 With 5.57X Subscription, QIBs Lead Demand
by Shrishti Bisht · Inc42SUMMARY
- Jio Platforms’ ₹30,213 Cr IPO ended the second day of bidding with 5.57X subscription
- Institutional investors drove demand, subscribing the QIB portion 13.29X
- The NII and retail portions were subscribed 5.97X and 1.54X, respectively, while the employee and shareholder quotas were booked 2.10X and 4.05X