Jio Platforms IPO Booked 6.76X On Day 3 So Far, QIB Portion Subscribed 14.18X

by · Inc42

SUMMARY

  • Jio Platforms’ ₹30,213 Cr IPO was subscribed 6.76X as of 11:48 IST on the final day of bidding.
  • Qualified institutional buyers continued to lead demand, while the retail portion neared full subscription twice over.
  • The QIB and NII portions were subscribed 14.18X and 9.17X, respectively, while the retail quota was booked 1.99X.