EconomyJio Platforms IPO more than 10 times oversubscribed

Name: Jio Platforms IPO more than 10 times oversubscribed
Uploaded: 2026-10-23T13:25:57.000Z
Description: Investor bids for Jio Platforms’ US$3.2 billion offering exceeded the shares available by more than 10 times on the final day, totaling over US$24 billion. The company, controlled by Indian billionaire Mukesh Ambani, operates a mobile network with more than 500 million users.

Investor bids for Jio Platforms’ US$3.2 billion offering exceeded the shares available by more than 10 times on the final day, totaling over US$24 billion. The company, controlled by Indian billionaire Mukesh Ambani, operates a mobile network with more than 500 million users.

CNA 2026-10-23 13:25