Jio Platforms IPO opens with 1.27x subscription
In short
Jio Platforms’ ₹30,213-crore IPO opened on October 21 and was subscribed 1.27 times on day 1. The QIB portion was subscribed 3.86 times, and the offer closes on October 23.
This matters because strong early demand can signal interest in the deal. The reporting does not say how the rest of the offer was subscribed or what happens by the close.
What the reporting says
Jio Platforms’ ₹30,213-crore IPO opened on October 21 and was subscribed 1.27 times on day 1, with the QIB portion at 3.86 times, according to publisher-supplied updates. The offer closes on October 23. The reporting does not state the final issue mix, pricing details, or the ultimate outcome beyond the early subscription figures.
Why it matters
Jio Platforms’ ₹30,213-crore IPO opened for subscription on October 21 and the first-day subscription reached 1.27 times, with the QIB portion at 3.86 times. The offer is scheduled to close on October 23. The available reporting does not give the full subscription breakup, final pricing outcome, or whether demand stayed strong through the close.