October 21: Jio Platforms' IPO fully subscribed in 100 minutes of opening, marks fastest-ever subscribed offer The issue stays open until October 23, according to Economic Times - Top News.
What Happened
The issue stays open until October 23. It is set to exceed Hyundai Motor India's ₹27,870 crore 2024 IPO and become India's largest by value.
Jio Platforms, leading India's largest IPO, presents a compelling investment avenue for everyday investors. Despite its massive telecom customer base of 533 million, revenue per user still trails behind Bharti Airtel (Economic Times - Top News).
Key Details
- Jio Platforms' IPO fully subscribed in 100 minutes of opening, marks fastest-ever subscribed offer The issue stays open until October 23
- It is set to exceed Hyundai Motor India's ₹27,870 crore 2024 IPO and become India's largest by value
Background
The business landscape continues to evolve as companies navigate economic challenges and opportunities in domestic and global markets.
Why It Matters
The technology sector may see ripple effects from this development.
What Happens Next
Updates will be provided as more information becomes available.
Verification: This report is based on 2 source(s) (The Hindu - Business, Economic Times - Top News). Last verified: 21 October 2026, 01:00 PM IST.
Language link: Read this news in Tamil
Sources
- Primary: The Hindu - Business - Jio Platforms' IPO fully subscribed in 100 minutes of opening, marks fastest-ever subscribed offer
- Secondary: Economic Times - Top News - Can Jio Platforms IPO deliver long-term growth for high-risk investors?
Disclaimer: Some details in this story are based on preliminary reports and may be updated as more information becomes available.
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