Jio's ₹30,213 crore IPO closes with over 22 times subscription
The initial public offering of Jio, valued at ₹30,213 crore, has concluded after drawing bids worth more than 22 times the shares on offer. The strong demand reflects heavy investor interest in the issue. The subscription figure indicates that the offering was oversubscribed by a wide margin. Further details on allotment and listing are expected to follow.
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