Economy
Jio Platforms IPO allotment expected today following strong 22.19x subscription
The Indian Express1h
THE BRIEF
1
The share allotment for Jio Platforms' initial public offering is expected to be finalized on Monday, October 26, after closing on October 23 with a price band of ₹1,065 to ₹1,119 per equity share.
2
The public issue received an overall subscription of 22.19 times, as total demand crossed ₹7.4 lakh crore with applications approaching 1.39 crore across categories.
3
Investors can check their allotment status online through the official website of registrar Kfin Technologies Limited as well as on the NSE and BSE portals.