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Jio Platforms IPO subscription soars to 22.19X on final day of bidding, QIB demand surges past 70X

Jio Platforms IPO subscription soars to 22.19X on final day of bidding, QIB demand surges past 70X

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India's biggest initial public offering (IPO), Jio Platforms' Rs 30,200-crore issue, witnessed a strong demand during the three-day subscription window. The issue was subscribed 22.19 times, with investors bidding for 438.26 crore shares against 19.75 crore on offer, with institutional investors…

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