{
  "id": 16003849,
  "title": "Jio Platforms IPO Day 1 Highlights: Jio Platforms IPO Day 1 Live: Issue subscribed 1.27x, QIB portion 3.86x",
  "url": "https://urgent.news/2026/10/22/jio-platforms-ipo-day-1-highlights-jio-platforms-ipo-day-1-live-issue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T04:31:21.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/companies/jio-platforms-ipo-gmp-day-1-subscription-status-highlights-updates/article71606199.ece"
  },
  "original_language": "en",
  "account": "Jio Platforms' ₹30,213-crore initial public offering (IPO) saw strong investor interest on its first day of bidding. The company's shares were subscribed 1.27 times on Day 1, with qualified institutional buyers (QIBs) subscribing at a rate of 3.86 times. Non-institutional investors (NII) and retail investors subscribed at significantly lower multiples of 0.42 and 0.33, respectively. Overall, the IPO received bids for 28.58 crore shares against 19.75 crore shares offered across investor categories.",
  "summary": "Jio Platforms IPO GMP Day 1 Highlights:: Jio Platforms IPO Jio Platforms’ ₹30,213-crore IPO opens for subscription on October 21 and closes on October 23.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}