Jio Platforms Limited’s ₹30,213 crore IPO was fully subscribed within 100 minutes of opening on October 21, driven by strong institutional demand. Priced between ₹1,065 and ₹1,119 per share, the offering is expected to surpass Hyundai Motor India’s 2024 IPO to become India’s largest public issue by value. The company is also focusing on expanding its artificial intelligence, cloud computing and digital services businesses beyond telecommunications.
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Jio IPO Fully Subscribed in Just 100 Minutes
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