India, Oct. 23 -- Jio Platforms' initial public offering (IPO) has attracted total demand of approximately Rs 3.73 lakh crore, including bids from anchor investors and applications received during the first two days of public subscription. The Rs 30,213-crore issue was subscribed 5.57 times by the close of bidding on 22 October, with institutional investors accounting for the largest share of demand. The offer enters its final day on 23 October.

Qualified institutional buyers (QIBs) led demand, subscribing to 13.29 times the shares reserved for them by the end of the second day. The non-institutional investor category was subscribed 5.97 times, while retail investors subscribed 1.54 times. The portions reserved for existing Reliance Indu...