Jio IPO ends with over 22X oversubscription; QIB portion booked 70 times. Check GMP, other details - The Economic Times
Jio Platforms Rs 30,213 crore IPO closed with 22.19 times subscription, attracting bids for 428 crore shares. Qualified institutional buyers led demand, subscribing their portion 70 times, while retail investors booked 2.72 times. The IPOs grey market premium stood at around 21%, ahead of its scheduled October 28 listing.