Jio's IPO closes with bids for about 22 times the shares on offer
More than one crore applications, a record for an Indian share sale. Shares start trading on October 28.
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Why Everyone Wants a Piece of Jio
India's biggest-ever IPO drew bids for about 22 times the shares on offer. Just over ten years ago, Jio didn't have a single paying customer. Here's how it got here.
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Investors asked for about 22 times the Jio shares on offer, with more than one crore applications. That's a record for an Indian IPO.
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