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Jio Platforms set to list after record ₹7.3 lakh crore in IPO bids

Jio Platforms is set to debut on the BSE and NSE today after its ₹30,213-crore IPO drew ₹7.3 lakh crore in bids, the biggest investor response to a public issue in India. The issue was subscribed 22.19 times, with institutional buyers bidding 70.55 times their quota. Jio is expected to top ₹10 lakh crore in market value on listing.

Jio Platforms set to list after record ₹7.3 lakh crore in IPO bids

This summary is based on reporting by Indian Express.

Read the full story at Indian Express