Jio IPO draws record $77 billion in bids, sets India subscription high
Briefing by News4U · First published
Jio received over $77 billion in subscription bids, the largest ever for an Indian IPO, with institutional demand at 70.55 times.
ITHome reported that Jio received more than $77 billion in subscription bids on 23 October, setting a new record for Indian IPOs. The company also attracted 13.8 million applications and saw institutional investors subscribe 70.55 times the shares offered. [1]
Sources
- 印度新股认购金额最高纪录诞生：Jio 获超 770 亿美元 IPO 认购申请
ITHome · · Summary only