Jio Platforms IPO creates history: First issue globally to cross 1 crore applications
60-Word AI Digest
Jio Platforms has received over 1 crore applications, setting a global record for investor participation ahead of its October 23 closing. The Rs 30,213-crore issue was subscribed 7.49 times by 12:36 pm on Friday, led by strong demand from qualified institutional buyers and non-institutional investors.
Key Takeaways
- Jio Platforms has received over 1 crore applications, setting a global record for investor participation ahead of its October 23 closing.
- The Rs 30,213-crore issue was subscribed 7.49 times by 12:36 pm on Friday, led by strong demand from qualified institutional buyers and non-institutional investors.
- Full details and original dispatch available below.
Jio Platforms has received over 1 crore applications, setting a global record for investor participation ahead of its October 23 closing. The Rs 30,213-crore issue was subscribed 7.49 times by 12:36 pm on Friday, led by strong demand from qualified institutional buyers and non-institutional investors.
Original Publisher Attribution
This summary was curated from Economic Times.