Jio Platforms IPO Draws Rs 7.4 Lakh Crore in Bids, Subscribed 22 Times

Name: Jio Platforms IPO Draws Rs 7.4 Lakh Crore in Bids, Subscribed 22 Times
Uploaded: 2026-10-24T15:05:42.489339+00:00
Description: Reliance Jio's telecom arm closed its initial public offering with roughly Rs 7.4 lakh crore in total bids and 22.19 times subscription, setting records for Indian capital markets and emerging-market investors.

Reliance Jio's telecom arm closed its initial public offering with roughly Rs 7.4 lakh crore in total bids and 22.19 times subscription, setting records for Indian capital markets and emerging-market investors.

Read the full story