Jio's ₹30,213-crore IPO subscribed 6x as it enters final day

Jio Platforms' ₹30,213-crore IPO was subscribed 6.34 times on Day 3 (final day), attracting bids worth nearly ₹4 lakh crore, according to NSE data as of 11 am on Friday. Qualified institutional buyers (QIBs) led the demand, with their portion subscribed 14 times, while non-institutional investors (NIIs) subscribed their portion 8.12 times. The retail investor portion was subscribed 1.61 times.