Jio IPO Sets Record with Rs 90,500 Crore in Day One Bids



• Jio Platforms Ltd’s initial public offering has achieved a historic milestone by securing Rs 90,500 crore in bids on its first day, representing the highest aggregate bid value for a mega-issue in India's market history.

• Driven largely by strong institutional demand, the IPO has already surpassed the three-day subscription performance of Hyundai Motor India’s offering, with the total demand for the issue reaching Rs 3.4 lakh crore ahead of the October 23 subscription deadline.


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