Jio Platforms IPO subscribed 1.63 times by midday on day one, QIB portion 2.90 times

Jio Platforms' record $3.2 billion IPO was subscribed 1.63 times by midday on the first day of bidding, with the QIB portion subscribed 2.90 times. The issue had already drawn $854 million from anchor investors including BlackRock, Fidelity and Capital Group. Reports describe it as India's biggest IPO.

Detected & updated continuously · Source: Nebula