Jio Platforms IPO fully subscribed by 10:36 am on Day 1, fastest among mega-issues
Jio Platforms IPO received strong demand on the first day of bidding, with the issue being fully subscribed within minutes of opening.

Jio Platforms Ltd’s Rs 30,213-crore initial public offering has drawn subscriptions faster than previous major IPOs, including Bajaj Housing Finance, Hyundai Motor India and LG Electronics India, despite being the largest of the four. Bajaj Housing Finance’s IPO was fully subscribed by 2 p.m. on its opening day. LG Electronics India’s Rs 11,605-crore issue reached full subscription by the close of its first day, while Hyundai Motor India’s Rs 27,870-crore IPO was subscribed to just 18 percent by the end of Day 1.










