Jio IPO subscription hits 3.16x on Day 1; offer open till October 23

Oct 21, 2026 - 22:30
Jio IPO subscription hits 3.16x on Day 1; offer open till October 23

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The Rs 30,213-crore initial public offering (IPO) achieved full subscription in just 100 minutes after opening on Wednesday, setting a record for the fastest subscription of a mega IPO in India. By 5 pm, investors had bid for 62.36 crore shares, with the total value of bids reaching approximately Rs 69,800 crore, exchange data showed.

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