Economy · 11 d ago
Jio Platforms' IPO breaks records for applications
Oversubscribed
22.19 times the shares on offer
Investors bid for 22.19 times the shares on offer by the close of the three-day issue on Oct 23.
At Rs 30,213 crore, it is India's largest IPO, and the first anywhere to draw more than 10 million applications, according to figures compiled for the issue.
Oct
28
Wednesday
BSE and NSE, India
Shares are scheduled to list on the BSE and NSE on Oct 28, and Rs 27,500 crore of the proceeds will go to repaying borrowings.
