# Jio Platforms IPO more than 10 times oversubscribed

https://mins.news/en/video/112779

- CNA, 2026-10-23 13:25 UTC
- Economy
- Original: https://www.youtube.com/watch?v=XvBYasboKwY

> 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.

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