Reliance Jio IPO, Oct. 23 -- The subscription period of Jio Platforms IPO is ending today, i.e., Friday, 23 October. The Rs.30,213 crore initial public offering (IPO), India's biggest so far, has already been oversubscribed. By the end of the second day of subscription, the issue had been subscribed 5.57 times overall, with the retail portion booked 1.54 times, and the section reserved for employees booked 2.10 times. The portion reserved for non-institutional investors (NIIs) was subscribed to 5.97 times.

The IPO is witnessing a stronger response from institutional investors. The segment reserved for qualified institutional buyers (QIBs) was booked 13.29 times by the end of day two.

Meanwhile, grey market sources suggest the stock can ...