4 sources
The Jio Platforms initial public offering has ignited substantial investor interest, achieving a remarkable 5.57 times subscription on the second day alone. Fully subscribed by retail investors, this reflects a strong demand, while institutional bidders have led the pack with a striking 13.29 times subscription rate. Proceeds from the IPO will support the repayment of debts and various corporate initiatives, remaining open for subscriptions until Friday.
OriginalThe issue is entirely a fresh issue of up to 27 crore equity shares, with a price band of ₹1,065–₹1,119 per share, aggregating up to ₹30,213 crore at the upper end.
OriginalThe issue is entirely a fresh issue of up to 27 crore equity shares, with a price band of ₹1,065–₹1,119 per share, aggregating up to ₹30,213 crore at the upper end.
OriginalThe issue is entirely a fresh issue of up to 27 crore equity shares, with a price band of ₹1,065–₹1,119 per share, aggregating up to ₹30,213 crore at the upper end.
Original
