Retail tranche of Jio Platforms IPO fully taken up by investors
Jio Platforms' retail portion of its public offering filled in under two hours on day two, Moody's reports, citing BSE exchange data.
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what happened
The retail segment of the Jio Platforms public offering has been completely filled, Moody's reported, citing figures from the BSE exchange. The milestone came less than two hours after bidding opened on the second day, Thursday. By 11:00 local time, the retail individual investor category had reached its full allocation.
Qualified institutional buyers were the most eager, with demand at 9.42 times the offered amount. Non-institutional investors bid 2.34 times the size, shareholders 2.06 times and staff 1.61 times. Across the whole issue, subscription stood at 3.47 times at 11:00 on day two.
On Wednesday, the first day, the Rs 30,213 crore offering was filled in 100 minutes, the quickest such result for a major public offer in India. By 5 pm, bids totaled roughly Rs 69,800 crore for 62.36 crore shares. The window stays open until October 23.
why it matters
The speed of demand signals strong appetite for large share sales in India, which can support sentiment in the local equity market. Final terms and listing details will become clearer once bidding closes on October 23.
market impact
Indian equities: strong demand for a mega IPO points to healthy investor appetite for new listings
tags
instruments
sources
- Retail portion of Jio Platforms' IPO fully subscribed — Moody's, 22 October 2026 at 06:52 UTC
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