Economy
Jio Platforms IPO becomes first globally to exceed 1 crore applications
Livemint2h
THE BRIEF
1
Jio Platforms created a global record by becoming the first initial public offering worldwide to attract more than 1 crore applications on October 23.
2
The offering drew aggregate demand exceeding ₹4 lakh crore, with subscriptions reaching 7.93 times the total shares on offer as of 1:20 pm on Friday.
3
The tentative allotment date is set for October 26, 2026, and shares are scheduled to list on the BSE and NSE on October 28, 2026.