Jio Platforms IPO fully subscribed in less than 100 minutes of opening

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The issue received bids worth about ₹22,354 crore by 10:34 am, with qualified institutional buyers leading demand at 3.25 times their reserved portion. Reliance Industries digital arm Jio Platforms’ IPO was subscribed 1.01x at around 10:34 AM on Wednesday, the IPO’s opening date, with bids for about 19.99 crore shares worth roughly ₹22,354 crore at…