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The Economic Times

Business

Kumar Gaurav

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

Jio Platforms IPO Jio India NSE QIBs

Jio Platforms’ initial public offering (IPO) has received over 1 crore applications, setting a global record for investor participation ahead of its closing on Friday, October 23.

The offering has surpassed the previous reported record of approximately 97 lakh applications received by Waaree Energies. Bajaj Housing Finance and BCCL were among the other Indian IPOs that set application records, attracting approximately 90 lakh applications.

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