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The Economic Times
The Economic Times
Business
Ritesh Presswala

Jio IPO opens with a bang, issue gets fully booked as QIBs drive demand. Check GMP

Jio IPO Jio Platforms Artificial Intelligence Mukesh Ambani India Bharti Airtel Reliance Jio Infocomm

Mukesh Ambani-led Jio Platforms’ IPO witnessed robust demand on Wednesday, its first day of bidding, with the issue getting fully subscribed amid a strong early rush of bids. The qualified institutional buyer (QIB) category led the charge, also getting fully booked.

As of 10.54 am on Wednesday, the issue was subscribed 1.15 times overall.

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