Jio IPO subscribed 1.66 times so far, QIB portion booked nearly 5x; check GMP, other key details
Jio Platforms raised Rs 8,109.84 crore from 212 anchor investors, including BlackRock, Capital Group, Fidelity Investments, T. Rowe Price.

Jio Platforms' initial public offering received strong demand on the first day of bidding, with the issue being fully subscribed by 10:36 a.m., according to NSE data. The portion reserved for Qualified Institutional Buyers (QIBs) was subscribed 4.86 times. Non-Institutional Investors (NIIs) part got booked 68 percent, while the retail investor category saw 48 percent demand, so far. Overall, the issue was subscribed 1.66 times, with bids received for 32.85 crore shares against 19.75 crore shares on offer, as per NSE data, till 1:06 p.m.










