
World News
Oct 24•5 min read
Jio IPO Surpasses Ten Million Bids in Historic Market Record
Unprecedented retail demand drives initial public offering applications past the one crore threshold in Mumbai financial markets.
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Unprecedented retail demand drives initial public offering applications past the one crore threshold in Mumbai financial markets.

The $3.2 billion offering reaches seven-fold oversubscription as investors place bids for 1.47 billion equity shares.

Bidding reaches full subscription within two hours as the telecom giant targets deep-tech expansion beyond traditional connectivity.

Corroborated reporting from International Wire Dispatches examines the key facts and impact of Reliance Jio IPO GMP today: What grey market trend reflects ahead