This brings our live coverage of the Jio Platforms IPO to a close.
\n\nThe issue ended Day 3 with an overall subscription of 22.19 times and total bid demand of ₹7.4 lakh crore, including the anchor book. Thank you for following our coverage.
\n\nThe Jio Platforms IPO attracted total demand of ₹7.4 lakh crore on Day 3, including ₹4.9 lakh crore in bids excluding the anchor book and ₹2.5 lakh crore from anchor investors, according to final figures as of 7 pm on the NSE.
\n\nThe total bids excluding the anchor book make it the highest-ever IPO bid value in India, surpassing Reliance Power’s previous record.
\n\nThe IPO was subscribed 22.19 times overall. The qualified institutional buyers (QIB) portion was subscribed 70.55 times, while the non-institutional investor (NII) category saw 14 times subscription. The retail portion was subscribed 2.72 times, the employee quota 2.93 times and the shareholders’ category 7.6 times.
\n\nRetail bids stood at ₹25,867 crore.
\n\nThe Jio Platforms IPO was subscribed 22.19 times overall as of 7 pm on the NSE on Day 3, with QIBs leading the demand at 70.55 times their allotted quota.
\n\nThe NII category was subscribed 14 times, while the retail investor portion saw…
Original source: https://www.cnbctv18.com/technology/
