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Jio Platforms' IPO Subscribed 1.27 Times Overall, Exceeding Expectations

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Summarized by Neha Gupta
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Source:thehindubusinessline.com
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2 min read
Jio Platforms' IPO Subscribed 1.27 Times Overall, Exceeding Expectations
Editorial dispatch covering Jio Platforms' IPO Subscribed 1.27 Times Overall, Exceeding ExpectationsCredit: thehindubusinessline.com
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Jio Platforms' initial public offering (IPO) has seen strong demand, with bids for 25.02 crore shares against 19.75 crore shares offered. The qualified institutional buyers portion was subscribed 3.86 times, while the retail individual investor category was subscribed 0.33 times. The IPO aims to raise up to ₹30,213 crore through a fresh issue of 27 crore equity shares priced between ₹1,065 and ₹1,119 per share.

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Original reporting conducted and published by thehindubusinessline.com. Summarized by Neha Gupta.

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Published Wednesday, October 21, 2026

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