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 the upper band against ₹22,078 crore on offer.
Qualified institutional buyers (QIBs) led the pack, bidding 3.25 times (₹17,804 crore against ₹5,484 crore), while employees bid 0.57 times, shareholders at 0.43 times, retail at 0.23 times and non-institutional investors (NIIs) at 0.26 times.
Within the NII segment, bids above ₹10 lakh stood at 0.20 times versus 0.36 times for the ₹2-10 lakh bracket, according to exchange data.
The IPO opened at 9 AM, making it an exception after National Stock Exchange’s offering to open an hour ahead of regular issue timings, given the record size, according to people familiar with the matter.
The IPO is entirely a fresh issue with a price band between ₹1,065 and ₹1,119, which investors can buy in lots of 12 shares. The issue closes for public subscription on Friday, 23 October.
On Monday, the issue attracted anchor investments worth ₹8,109.85 crore from 212 anchor investors. A total of 7.25 crore shares were allotted at ₹1,119 apiece, the upper end of the price band, according to a company filing to the exchanges.
Life Insurance Corporation of India was the largest anchor investor, with 44.68 lakh shares worth ₹499.98 crore, or 6.17 per cent of the anchor portion. New World Fund Inc followed with ₹486.27 crore (6 per cent).
Domestic mutual funds, through 95 schemes of 25 fund houses, received shares worth ₹2,784.96 crore, or 34.34 per cent of the anchor book, the filing showed. Twenty-two life insurers and pension funds were allotted shares worth ₹1,089.95 crore, or 13.44 per cent
Disclaimer: Moneywealth research provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
SEBI registered research analyst
Call or whatsapp: +91 9924987385 / +91 7096190322
Best share market tips provider in India, Best share tips provider, Best share trading tips provider in India, Best stock advisor, Best stock advisor website in India, Best stock advisor websites, Best stock advisory company in India, Best stock market advisory services in India, Best stock market telegram channel, Best stock market tips provider, Best stock market recommendation service, Best stock recommendation service in India, Best stock tips advisory company in India, Best stock tips company in India, Best stock tips provider, Best stock tips provider company in India, Best stock tips provider in India, Best stock tips provider in telegram, Best Telegram channel for Indian stock market, Best telegram channel for intraday tips, Best telegram channel for stock market tips in India, Best telegram channel for swing trading, Best telegram channel for stock market, Best tips provider in India, Best trading tips provider in India, Daily stock tips intraday, Moneywealth-Best intraday tips provider in India, Moneywealth-Best option trading telegram channel, Moneywealth-Best SEBI registered research analyst, Moneywealth-Best SEBI registered telegram channel, Moneywealth-Best stock advisor websites in India, Moneywealth-Best stock tips provider on telegram, Moneywealth-Genuine stock tips provider, Moneywealth-High accuracy stock tips provider, Moneywealth-Most successful stock advisors in India, Stock market, Intraday trading in share market, Intraday trading in stock market, Intraday trading advisor, Intraday tips, Intraday telegram channel, Intraday sureshot tips provider, Intraday sureshot tips, Intraday stock advisory services, Intraday calls in stock market, Intraday calls in stock future, Intraday trading breakout strategies, Indian stock market tips for intraday, Intraday trading tips in stock market, Jackpot option tips, Intraday trading tips & strategies, Most accurate intraday tips provider, List of top 10 stock advisory company in India, Most accurate intraday trading tips, Jackpot intraday tips, Intraday trading tips, Most accurate stock tips provider, How to make profit in intraday trading in stock market?, India’s top rated stock tips provider, How to earn profit in stock market?, How to earn profit from intraday trading?, How to earn profit from stock?, Best share market intraday tips, How can I make profit in intraday trading?, Best share market tips, Best share market consultant in India, Best share market advisory company in India, Best share market advisor in India, Best SEBI registered stock advisory company, Best SEBI registered telegram channel, Best SEBI registered research analyst, Best SEBI registered advisory company, Best option trading tips provider, Best option tips on telegram, Best option tips provider in India, Best option tips provider, Best option telegram channel, Best online trading tips, Best nifty tips provider in India, Best intraday tips site in India, Share tips provider, Which stock good for long term, Best intraday tips telegram channel, Banknifty trading tips, Best intraday tips advisor in India, Best share market technical, Best index option services, Best share market advisory, Best advisory company for beginners, Best nifty options tips provider, Banknifty option tips provider, Best intrday jackpot calls, Best jackpot tips provider, No.1 SEBI registered advisory company, Best nifty future tips provider in India, Best intraday tips in Indian stock market, Best share buy for tomorrow, Accurate stock tips provider, Best intraday tips on telegram, Best equity portfolio management, No.1 stock advisor in India, Best banknifty tips provider in India, Best equity tips provider in India, Best intraday paid service, Accurate stock tips, Stock tips provider, Best intraday advisory in India, Which stock good for short term?, Best intraday research company, Best index future services, share market advisor, Best intraday call provider, Best intraday tips, Which is best stock advisory company in India, Stock market expert advisor, Sureshot intraday tips, SEBI registered advisor, Top rated Telegram channel for stock market tips in India, SEBI registered top 10 advisory company in India, Share market tips, Stock market tips provider, Good accuracy tips provider, High accurate index option trades advisor, Option technical course, Stock market technical course, Equity investment service, Equity delivery trades provider in India, Swing trades service in India, Operator trades, SEBI registered intraday tips provider, #No. 1 SEBI registered tips provider, Most accurate trading tips, SEBI registered advisory company, SEBI registered advisory company in India, F&O intraday trading tips, top 10 SEBI registered stock advisory company in India, Stock market expert in India, Share market expert, Share bazar, Long term investment plans, Short term investment shares, Share market advisory, Stock market advisory, Share market advisor free, Free telegram channel for stock market, Best option trading telegram channel link, Best option trading Telegram channel SEBI registered, Best Telegram channel for stock market India, Stock market advisor telegram free, India stock market telegram group, Stock Gainers telegram channel, Best call put option tips provider free, Nifty option tips provider, Option tips provider free, Best option tips provider, Best f&o tips provider in India free, Best index option tips provider in India, Best option service provider free, Best option trading advisory service in India, Best option call provider in Telegram, Best genuine stock market tips provider, Top 10 stock market tips provider, Best option trading Telegram channel link, Free option trading Telegram channel, List of Top 10 SEBI registered Telegram channel, Top 10 Telegram channel for option trading, Best sebi registered intraday tips provider telegram channel free, Best SEBI registered Telegram channel list, How to predict if a stock will go up or down intraday?, How to predict stock market for next day, How to predict stock market for next day in India, Accurate stock future tips for tomorrow, Accurate stock future tips free, Best F&O advisor in India, Most accurate stock predictor, Stock price prediction formula, SEBI registered Research analyst list, SEBI registered option tips provider, Option tips provider in India, Best Bank Nifty Option tips provider Telegram, Sebi registered option tips provider pdf, Sebi registered option tips provider free, Sebi registered option tips provider app, Best SEBI registered intraday tips provider, Top 10 intraday tips provider in India, Top 10 intraday tips provider in India free, Top 10 SEBI registered stock advisory company, Stock market holidays, Stock market holidays today, Is Indian stock market open tomorrow?, Is Indian stock market open today?, Share market holiday tomorrow, NSE holidays, Stock market holidays 2025, Stock market today, Indian stock market News tomorrow, Share Market News Today in Hindi, Share market live chart today, Share market chart, Global market, Stock market today live, Share market app, Share market live chart today, Nse share price today live, NSE live, is it good to invest in equity, Is it good to invest in equity in India, How to invest in equity funds, Types of equity investment, What is equity, Is right now the best time to invest in stocks?, Is it correct time to invest in stocks?, Will the stock market go up more?, Will the stock market go down more?, Do you buy stock when it’s up or down?, Are stocks overvalued now?, What is the best time to buy shares today?, Is it good to buy 1 stock at a time?, Should I invest if the market is down?, Who buys stocks when everyone is selling?, Best stocks to buy today, Best stocks to invest in India, Best stock for long term, Best stock for short term, Free option trading telegram channel, Best Banknifty Telegram channel free, Best trading Telegram channel India, Which is no.1 SEBI registered telegram channel?, what is the most successful Telegram channel?, Which telegram channel is best for stock trading?, Which is the best SEBI registered tips provider?, How to get intraday free tips?, Who is the best SEBI registered research analyst in India?, Who is best trading expert in India?, Which broker gives best tips?, Who gives best stock tips?, What is SEBI registered Telegram channel?, Which is best intraday tips provider?, What is top 1 channel of telegram?, Which Telegram channel gives money?, What is premium Telegram?, Who is the king of Telegram?, Which Telegram channel is best for stock market tips?, Which stock market channel is best?, Free Premium Stock market courses Telegram channel, Index Telegram channel, Index telegram channel free, Index telegram channel india, Best index telegram channel, Futures trading, Types of investment in equity shares, Investment in equity shares example, Investment in equity shares in india, Investment in equity shares tax benefit, SEBI registered advisor list, Top 5 SEBI registered stock advisory company, Top 10 advisory company in India, Which Telegram channel is best for option trading?, Who is the best trader on Telegram?, Are Telegram channels good for trading?, Which is the best channel for trading?, Which option trade is best?, What is the top 1 channel of Telegram?, Which Telegram channel is SEBI registered option trading advisor?, What is the best trading bot in Telegram?, Which order is best for option trading?, Which platform to use for option trading?, Best Brokers for Options Trading, How to use Telegram for trading?, Which is the best SEBI registered intraday tips provider?, What is the most successful trading bot?, Which is the best trading channel on Telegram?, Who is the richest option trader in India?, Who is best for option trading?, How to master options trading?, What is the trick for option trading?, Which broker is best for options?, What option strategy is best?, Which option is best to trade?, Can I learn option trading?, Which Telegram channel is best for trading?, Which company is best for daily trading?, Is day trading profitable?, Which is the no. 1 SEBI registered Telegram channel?, Which channel is best in Telegram?, Who is the father of option trading?, Who is the most successful option trader?, Which option is best for selling?, How to buy a call option?, What is swing trading?, What is the safest option strategy?, Which indicator is best for option trading?, Can I start option trading with 1000 rupees?, Can I invest 5000 in option trading?, Which script is best for options trading?, Who is best for option trading?, Best Telegram channel for option trading India, Nifty 50 option trading telegram channel india, Sebi registered telegram channel list nifty, Nifty 50 option trading telegram channel free, What is SEBI’s registered Telegram channel?, Which is the most successful Telegram channel?, Which is the best trading channel in Telegram?, Which is the best channel for stock market?, Which Telegram channel is best for BankNifty?, How do I start trading?, Who is the best stock market analyst in India?, How to learn trading for free?, Which Telegram channel is best for the stock market?, What are trading channels?, Which is the best channel to learn stock market?, Which Telegram channel is best for bank nifty trading?, What is the best Telegram channel for stock market?, Best Telegram channel for Bank Nifty calls, Top 10 Telegram channels for option trading, Nifty 50 Option trading Telegram channel, How to trade in Nifty 50 options?#Best call put option tips provider free india, #Best option tips provider, #Best SEBI registered Research Analyst Telegram channel, #Best SEBI registered Telegram channel list, #Can I learn option trading?, #Free stock tips on telegram india, #How to master options trading?, #How to use Telegram for trading?, #index option trading telegram channel, Investment in equity shares example, SEBI registered advisor list, bank nifty free tips telegram channel, Bank Nifty option tips provider, Best share market technical, Best share market tips, Best share market tips provider in India,, Best share tips provider, Best share trading tips provider in Indiabanknifty tips provider Gujarat, #Best banknifty telegram channel free india, #share market tips free, #Short term investment shares, How can I master trading?, How to earn profit from stock?, How to earn profit in stock market?, How to invest in an index option?, How to make profit in intraday trading in stock market?Best stock recommendation service in India, Best stock tips advisory company in India, Best stock tips company in India, Best stock tips provider company in India, option chain, Option trading Call provider, PREMIUM-STOCK-OPTIONS-FUTURE -CASH-TRADING-TIPS,Call and put option tips free, Call put Option tips 100% accuracy, Call put option tips 100% accuracy free, Can I start option trading with 1000 rupees?, Can I trust a SEBI registered investment advisor? High accurate index option trades advisor, High accurate stock future advisory today india, how can i get genuine intraday tips in india, How can I learn to trade for free for beginners?, Stock market holidays, Stock market today, Stock tips provider, sureshot banknifty tips provider, Sureshot index option tips today#Accurate stock future tips for tomorrow, #banknifty option chain, Which broker is best for options?, Which channel is best in #Best banknifty telegram channel free india, #Best call put option tips provider free india, Best stocks,Bullish India Intraday calls, Call | SEBI Registered RA, Share market
