India, Oct. 23 -- Reliance Industries' digital services arm Jio Platforms' IPO was subscribed 6.76X as of 11:48 IST on the third and final day of bidding, with institutional investors continuing to drive demand.

Investors bid for 133.51 Cr shares against 19.75 Cr shares on offer, according to BSE subscription data. The overall subscription rose from 5.57X at the end of the second day.

Qualified institutional buyers (QIBs) subscribed their allotted portion 14.18X, placing bids for 69.49 Cr shares against 4.90 Cr shares reserved for the category.

Within the institutional segment, domestic financial institutions, including banks and insurance companies, bid for 34.51 Cr shares, followed by foreign institutional investors at 26.19 Cr share...