📰 ET Markets ⚪ NEUTRAL 🕒 23 Oct 2026, 05:48 AM IST

Jio Platforms IPO subscribed 5.57 times on day 2 on strong interest

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Core Development: Jio Platforms IPO subscribed 5.57 times on day 2 on strong interest

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Market & Financial Impact: The Jio Platforms initial public offering has ignited substantial investor interest, achieving a remarkable 5.57 times subscription on the second day alone. Fully subscribed by retail investors, this reflects a strong demand, while institutional bidders have led the pack with a striking 13.29 times subscription rate. Proceeds from the IPO will support the repayment of debts and various corporate initiatives, remaining open for subscriptions until Friday.

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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Investors bid for 1.10 billion shares in aggregate on day 2, against the 197.5 million shares on offer.

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

Read Original Full Coverage on Economic Times ↗

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Jio Platforms IPO subscribed 5.57 times on day 2 on strong interest

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