[Update] Jio Platforms IPO Subscribed 22.19X On Final Day, QIB Portion Booked 70.55X
India, Oct. 23 -- Original| October 23, 2026, 19:45 IST
Reliance Industries' digital services arm Jio Platforms' Rs.30,213 Cr IPO was subscribed 22.19X on the third and final day of bidding, with investors bidding for 438.26 Cr shares against 19.75 Cr shares on offer, according to BSE data.
Qualified institutional buyers (QIBs) led demand, subscribing their allotted portion 70.55X, with bids for 345.76 Cr shares against 4.90 Cr shares reserved for the category.
The non-institutional investor (NII) portion was subscribed 14X, receiving bids for 51.04 Cr shares against 3.64 Cr shares on offer.
Within the NII category, the portion for bids exceeding Rs.10 Lakh was subscribed 15.89X, while the segment for bids above Rs.2 Lakh and up to Rs...
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