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Markets

Jio IPO attracts Rs 70,000 crore in bids on day 1, outpaces LIC, NSE issues

viaeconomictimes.indiatimes.com22 Oct
Jio IPO attracts Rs 70,000 crore in bids on day 1, outpaces LIC, NSE issues
The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a rate of 9.42 times, while retail investors opted for a 0.73 times rate. Non-institutional interest was stronger…

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