Jio Platforms’ Rs 30,230-crore IPO attracted bids worth Rs 95,500 crore on Day 1, drawing attention to subscription trends as the issue enters its second day. With bidding set to close on October 23, investors yet to apply must decide whether to bid now or wait until the final day, when demand across investor categories may be clearer.
Notably, Reliance Industries’ telecom arm witnessed strong demand on the opening day of its public offering. Total demand for the issue stood at Rs 3.45 lakh crore, including Rs 2.5 lakh crore from the anchor investor book and Rs 95,500 crore in bids received on Day 1.
