21-Oct-2026 12:09:48
Jio Platforms IPO Fully Subscribed Within First Hour; ₹30,213 Crore Issue Draws Strong Demand
Jio Platforms’ ₹30,213-crore IPO was fully subscribed within the first hour of opening on October 21, signalling strong investor interest. The issue is priced at ₹1,065–₹1,119 per share, valuing the company at around ₹10.3 lakh crore at the upper end. Jio raised ₹8,110 crore from anchor investors, including LIC, BlackRock and Fidelity. The IPO closes on October 23, with listing scheduled for October 28 on NSE and BSE. Grey-market premium indicated a potential 24% listing premium, though this is unofficial.