Retail investors displayed the highest enthusiasm for the offering, with their portion being subscribed 4.5 times over. Qualified institutional buyers followed closely behind, subscribing 3.5 times the allocated shares. Non-institutional investors also showed considerable interest, subscribing 1.5 times their reserved portion of 30.66 lakh shares.
Jio IPO: Akash, Isha and Anant Ambani to lead IPO process, says Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani announced that the board has approved the draft prospectus for the much-awaited IPO of Jio Platforms, with Akash Ambani, Isha