Jio Platforms IPO draws ₹95,500 crore bids on day one
In short
Jio Platforms’ IPO got bids worth ₹95,500 crore on day one. Including anchor investors, total demand reached ₹3.45 lakh crore, and the issue is now in its second day.
This matters because strong demand can affect how the IPO is priced and how investors judge the offer. The reporting does not say whether the shares are fully subscribed or what the final allotment will be.
What the reporting says
Jio Platforms’ ₹30,230-crore IPO received bids worth ₹95,500 crore on day one, and total demand including anchor investors reached ₹3.45 lakh crore. The issue has moved into its second day, while brokerages are weighing growth prospects, valuation and whether investors should apply now or wait. The reporting does not say the final subscription status or allotment outcome.
Why it matters
Jio Platforms’ ₹30,230-crore IPO drew bids worth ₹95,500 crore on day one, with total demand including anchor investors at ₹3.45 lakh crore. The issue then entered its second day as brokerages assessed growth and valuation. The source does not provide final subscription data, listing date, or whether investors will ultimately get full allotments.