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New Delhi, Oct 22 (UNI) Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) remained f
Published: 22/10/26 10:53
New Delhi | India
New Delhi, Oct 22 (UNI) Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) remained firmly in demand on Thursday, the second day of bidding, with investors subscribing to all three categories of the issue. Strong participation from institutional investors, along with sustained interest from retail and non-institutional bidders, pushed subscription levels higher. Qualified institutional buyers (QIBs) led the demand, subscribing to their reserved portion 9.66 times. Investors in this category bid for 47.33 crore shares against the 4.90 crore shares available. The non-institutional investor (NII) segment received bids for 3.7 times the shares set aside for the category, while…