Reliance Jio IPO retail portion fully subscribed on Day 2

The retail individual investors category of Jio Platforms' ₹30,213-crore initial public offering was fully subscribed within two hours on the second day of bidding.

Overall, the public issue was subscribed 3.47 times by 11:00 a.m. on Thursday, according to BSE exchange data.

Qualified institutional buyers led overall demand at 9.42 times, followed by non-institutional investors at 2.34 times, ahead of the closure on October 23.