live the biggest in the country IPO Tremendous rise was seen on the second day also. Thursday evening 7 of Jio platforms till ₹30,213 worth crores IPO 5.57 Guna got subscribed. Number of applications in two days Crossed 75 lakhs. The large institutional investors (QIB) category was subscribed 13.29 times, while the retail category was also subscribed 1.54 times.
The total subscription on the first day of Jio IPO was 3.16 times, which increased to 5.57 times on the second day. Bids came in for more than 110 crore shares as against 19.75 crore shares available for non-anchor investors. The total amount of these bids was around ₹1.23 lakh crore. Earlier, bids worth about ₹2.50 lakh crore were also received from anchor investors. In this way, the total bids of anchor and non-anchor investors have reached around ₹ 3.73 lakh crore.
Non-institutional investors (NII) category subscribed 5.97 times in Jio IPO. Reliance employees' quota was filled 2.10 times and shareholder quota was filled 4.05 times. In this way all the major categories of the IPO have been fully subscribed.
Demand increased rapidly on the second day, especially in NII and Reliance shareholder categories. On the first day, NII category was subscribed 1.68 times and shareholder quota was subscribed 1.46 times. On the second day, these figures increased to 5.97 and 4.05 times respectively.
Now only one day is left to invest in Jio IPO. The application deadline is Friday, October 23. Despite the IPO being subscribed many times, the opportunity for investors to apply is still open. Eligible investors who have not been able to apply yet can apply till Friday.