Jio Platforms IPO subscription: The retail portion of Jio Platforms’ initial public offering (IPO) has been fully subscribed on the second day of bidding on Thursday. According to exchange data, the IPO was subscribed 3.47 times overall by 11 am on Thursday, the second day of bidding.
Qualified Institutional Buyers (QIBs) led the demand, with their portion subscribed 9.42 times, followed by non-institutional investors (NIIs) at 2.34 times. The shareholders’ quota was subscribed 2.06 times, while the employees’ portion received 1.61 times subscription.
The three-day subscription of Jio Platforms Limited opened on October 21 (Wednesday) and will be closed on October 23 (Friday).
Investors can check the subscription status of the Jio Platforms IPO on the BSE and NSE websites by following these steps.
On BSE:
Visit the official BSE website and open the Public Issues section.
Find Jio Platforms Limited in the list of ongoing IPOs.
Click on the bid details to check the subscription status of different…