Newsbite
Economy

Jio Platforms IPO Fully Subscribed in Record Time, Surpasses ₹30,000 Crore Mark

Ananya SharmaSource: hindustantimes.com
Updated 6d ago
Jio Platforms IPO Fully Subscribed in Record Time, Surpasses ₹30,000 Crore Mark
Jio Platforms IPO Fully Subscribed in Record Time, Surpasses ₹30,000 Crore MarkSource: hindustantimes.com
Text size

Jio Platforms Ltd's ₹30,213-crore initial public offering was fully subscribed within 100 minutes, attracting strong investor demand. The IPO, led by Reliance Industries Ltd, is set to become India's largest-ever public offering, with proceeds to be used to repay borrowings and for general corporate purposes. The listing marks a significant milestone for Reliance Industries and India's capital markets.

Selected by topic, desk, and recency.

More from Economy →

Read next

Economy

"₹28,000 CRORE FRAUD!" Advocate Arrested At Airport In Digital Arrest Probe

Rashesh Upadhyay, an advocate, was arrested by the Enforcement Directorate on October 24 at Mumbai's airport, in connection with a nationwide cyber fraud and digital arrest network suspected of money laundering. The investigation, which began in June 2025, centers on alleged cybercrime network linked to ₹28,000 crore and ₹2,900 crore transactions. Upadhyay was remanded to ED custody until October 29.

Read story

More to read

More reporting from Newsbite

All stories