Jio IPO: Subscribe on day 2 or wait until the last day? What investors need to know
60-Word AI Digest
Jio Platforms’ Rs 30,230-crore IPO received bids worth Rs 95,500 crore on Day 1, with total demand, including anchor investors, reaching Rs 3.45 lakh crore. As the issue enters its second day, brokerages weigh in on its growth prospects, valuation and whether investors should apply now or wait.
Key Takeaways
- Jio Platforms’ Rs 30,230-crore IPO received bids worth Rs 95,500 crore on Day 1, with total demand, including anchor investors, reaching Rs 3.45 lakh crore.
- As the issue enters its second day, brokerages weigh in on its growth prospects, valuation and whether investors should apply now or wait.
- Full details and original dispatch available below.
Jio Platforms’ Rs 30,230-crore IPO received bids worth Rs 95,500 crore on Day 1, with total demand, including anchor investors, reaching Rs 3.45 lakh crore. As the issue enters its second day, brokerages weigh in on its growth prospects, valuation and whether investors should apply now or wait.
Original Publisher Attribution
This summary was curated from Economic Times.