Retail Portion of Jio Platforms IPO Fully Subscribed on Day Two

The retail individual investors category of Jio Platforms' initial public offering was fully subscribed within two hours on the second day of bidding.

Qualified institutional buyers led demand at 9.42 times, followed by non-institutional investors at 2.34 times and the overall issue at 3.47 times.

The ₹30,213-crore initial public offering remains open until October 23 after becoming India's fastest-subscribed mega public issue on its opening day.