Jio IPO ends day 3 with 19.6X oversubscription; QIB portion booked 60 times. Check GMP

Jio Platforms’ Rs 30,213 crore IPO closed with 19.6 times subscription, attracting bids for 388 crore shares.

Qualified institutional buyers led demand, subscribing their portion 60 times, while retail investors booked 2.67 times. The IPO’s grey market premium stood at around 21%, ahead of its scheduled October 28 listing.