{
  "id": 16010862,
  "title": "Retail portion of Jio Platforms' IPO fully subscribed",
  "url": "https://urgent.news/2026/10/22/retail-portion-of-jio-platforms-ipo-fully-subscribed",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T06:32:26.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/retail-portion-of-jio-platforms-ipo-fully-subscribed/article71610350.ece"
  },
  "original_language": "en",
  "account": "The individual retail segment of Jio Platforms' initial public offering (IPO) has been fully subscribed, according to BSE data. By 11:00 am on the second day of bidding, this category had reached its limit. Major demand came from qualified institutional buyers, with a subscription rate of 9.42 times; followed by non-institutional investors at 2.34 times. The shareholders portion saw a subscription of 2.06 times, while employees' share was 1.61 times subscribed. At 11:00 am on Day 2, the overall issue had reached a subscription rate of 3.47 times. Initially, on Wednesday, the IPO of Jio Platforms Ltd, valued at Rs 30,213 crore, was fully subscribed within 100 minutes, marking it as the quickest-subscribed mega public issue in India. By 5 pm, investors had placed bids worth approximately Rs 69,800 crore for 62.36 crore shares. The offering will remain open until October 23.",
  "summary": "By 11:00 am, the retail individual investors category got fully subscribed.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Times of India",
        "title": "Jio IPO: QIB portion fully subscribed at over 2x demand within minutes",
        "url": "https://urgent.news/2026/10/21/jio-ipo-qib-portion-fully-subscribed-at-over-2x-demand-within-minutes",
        "published": "2026-10-21T05:05:49.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Ambani’s Jio has record India IPO fully subscribed within hours",
        "url": "https://urgent.news/2026/10/21/ambanis-jio-has-record-india-ipo-fully-subscribed-within-hours",
        "published": "2026-10-21T06:27:39.000Z"
      },
      {
        "outlet": "The Indian Express",
        "title": "Retail portion of Jio Platforms’ IPO fully subscribed",
        "url": "https://urgent.news/2026/10/22/retail-portion-of-jio-platforms-ipo-fully-subscribed-16014035",
        "published": "2026-10-22T07:00:31.000Z"
      }
    ]
  },
  "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."
}