Jio Platforms IPO Becomes India's Biggest Ever With Record Bids

Jio Platforms launched the largest initial public offering in Indian stock market history with an issue size of ₹30,188 crore.

The offering closed on Friday, October 23, having attracted total bids worth ₹4.72 lakh crore alongside record institutional demand.

The share sale received more than 13.8 million applications, setting a new domestic record for retail and institutional participation.