Economy
Reliance Jio Platforms IPO Closes With 22.19x Subscription

Reliance Jio Platforms IPO Closes With 22.19x Subscription

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THE BRIEF
1

Reliance Jio Platforms' ₹30,213-crore IPO closed with an overall subscription of 22.19 times, with share allotment results scheduled to be declared on October 26, 2026.

2

Qualified institutional buyers led the demand by subscribing 70.55 times, while non-institutional investors subscribed 14 times and retail investors 2.72 times.

3

Successful investors will receive share credits and refunds on October 27, with the stock listing on the BSE and NSE set for October 28.