Jio Platforms IPO fully subscribed within 100 minutes of opening

Jio Platforms' initial public offering achieved full subscription within 100 minutes of opening on Wednesday, marking the fastest subscription in Indian IPO history.

The IPO, priced between ₹1,065 and ₹1,119 per share, includes a ₹2,500 crore reservation for eligible Reliance Industries shareholders who held equity as of October 14.

The grey market premium is currently recorded at ₹250, indicating an expected listing gain of approximately 22.34% over the upper price band.