📰 ET Markets ⚪ NEUTRAL 🕒 23 Oct 2026, 01:18 PM IST

Jio Platforms IPO creates history: First issue globally to cross 1 crore applications

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Core Development: Jio Platforms IPO creates history: First issue globally to cross 1 crore applications

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Market & Financial Impact: Jio Platforms has received over 1 crore applications, setting a global record for investor participation ahead of its October 23 closing. The Rs 30,213-crore issue was subscribed 7.49 times by 12:36 pm on Friday, led by strong demand from qualified institutional buyers and non-institutional investors.

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

Jio Platforms' Rs 30,213-crore IPO comprises a fresh issue of 27 crore equity shares.

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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 creates history: First issue globally to cross 1 crore applications

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