Jio Platforms IPO creates history: First issue globally to cross 1 crore applications

World record: Jio Platforms IPO becomes first ever issue globally to receive over 1 crore applications

Jio Platforms IPO hits global records with over 1 crore applications, near 7x subscription, and strong retail/institutional demand ahead of listing.

Jio Platforms IPO becomes first to cross 1 crore applications globally

Jio Platforms' initial public offering became the first globally to exceed one crore applications, raising about 30,213 crore to clear subsidiary

Jio Platforms IPO crosses 1 cr applications, a global first

Jio Platforms mega IPO has crossed one crore applications, becoming the first public offering globally to reach the milestone, sources said on Friday, with five hours still left

Jio Platforms IPO sets global record with over 1 crore applications, subscribed 7.83 times

Jio Platforms Limited’s initial public offering (IPO) has received more than 1 crore applications, setting a global record for an IPO, with bidding nearing its close on Friday, while the issue was subscribed 7.83 times, according to exchange data.

Jio Platform's IPO becomes first public offer globally to cross 1 crore applications

The figure beats the previously reported global record of about 97 lakh applications, set by Waaree Energies.

Jio Platforms IPO creates history: First issue globally to cross 1 crore applications

Jio Platforms has received over 1 crore applications, setting a global record for investor participation ahead of its October 23 closing. The Rs 30,213-crore issue was subscribed 7.49 times by 12:36 pm on Friday, led by strong demand from qualified institutional buyers and non-institutional investors.