Reliance Jio IPO Closes Today After Drawing Strong Investor Demand

Reliance Jio IPO oversubscribed | Should investors apply or avoid or buy shares after listing? What experts suggest. Reliance Jio IPO: The subscription period of Jio Platforms IPO is ending today, i.e., Friday, 23 October. The ₹ 30,213 crore initial public offering (IPO), India's biggest so far, has already been oversubscribed. By the end of the second day of subscription, the issue had been subscribed 5.57 times overall, with the retail portion booked 1.54 times, and the section reserved for employees booked 2.10 times. The portion reserved for non-institutional investors (NIIs) was subscribed to 5.97 times. The IPO is witnessing a stronger response from institutional investors. The segment reserved for qu