Jio Platforms IPO Subscribed 3.65X On Day 2 So Far, Retail Portion Fully Booked
by Shrishti Bisht · Inc42SUMMARY
- Jio Platforms’ ₹30,213 Cr IPO was subscribed 3.65X as of 12:03 IST on Day 2, with the institutional portion booked 9.42X
- The retail portion crossed full subscription after closing Day 1 at 72%, while the non-institutional investor quota was subscribed 2.85X
- Investors bid for 72.05 Cr shares against 19.75 Cr shares on offer, with bidding for India’s largest IPO scheduled to close on October 23