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Jio IPO continues to garner strong demand on Day 2 of subscription; QIBs lead with 9.5x demand - Check GMP

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Core Development: Jio IPO continues to garner strong demand on Day 2 of subscription; QIBs lead with 9.5x demand - Check GMP
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Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) continued to garner strong demand on the second day of its subscription in the primary market on Thursday.

Demand from non-institutional investors reached 1.83 times the shares reserved for them.

The issue had attracted a combined demand of about Rs 74,610 crore, including its anchor allocation, after becoming India's fastest-ever IPO to achieve full subscription within 100 minutes of opening on Wednesday.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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