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Friday blockbuster for Jio IPO: Rs 7.4 lakh crore bids, 22x subscription

viaeconomictimes.indiatimes.com24 Oct
Friday blockbuster for Jio IPO: Rs 7.4 lakh crore bids, 22x subscription
Jio Platforms has experienced a surge in demand for its initial public offering, garnering roughly ₹7.41 lakh crore in bids. The subscription soared to 22.19 times, mainly due to robust involvement from institutional investors, including domestic mutual funds and foreign entities. This enthusiasm…

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