From NDTV
Center-Right Owned by Adani Group (AMG Media)Jio IPO Was 22x Oversubscribed, But Here's Why Retail Investors Have A 70% Shot at Allotment
RSS excerpt
Jio Platforms' record IPO drew bids for 22 times the shares on offer. For small investors waiting on today's allotment, that number says very little. Measured the way retail shares are actually handed out, the odds are about seven in ten.
