Jio Platforms IPO draws record bids of 7 lakh crore
By United One News · AI-generated summary of 7 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
Jio Platforms received a record 7 lakh crore rupees in bids during its initial public offering, achieving an overall subscription rate of 22.2 times.
- The fresh issue received bids for 655.68 crore shares against 27 crore shares on offer.
- The initial public offering raised a total of 30,213 crore rupees.
- The company paid 196.2 crore rupees in fees and commissions to its 19 book-running lead managers.
Covered by 7 outlets across the spectrum: 14% left, 86% center, 0% right.
How each side framed it
Jio Platforms IPO Breaks Records Across All Investor Categories, Says Akash Ambani at Q2 FY27 Earnings Call
Jio Platforms IPO draws record ₹7 lakh crore in bids, subscribed 22.2 times
Timeline
First to report: The Hindu BusinessLine (); 7 articles from 7 outlets so far.
Who is covering this story
- Left-leaning (1): LatestLY
- Center (6): The Hindu BusinessLine, Business Today, OilPrice.com, Inc42, Mint, ABP Live English
Sources
- Jio Platforms IPO draws record ₹7 lakh crore in bids, subscribed 22.2 times — The Hindu BusinessLine (center) ·
- Jio's record IPO paid bankers less than half of what Hyundai paid — Business Today (center) ·
- Investors From 119 Countries Pile Into Dangote’s Record Refinery IPO — OilPrice.com (center, AI-estimated) ·
- Jio Platforms Lists At 21.36% Premium After India’s Largest IPO — Inc42 (center) ·
- Jio lists at 21% premium on debut after record $3.2 billion India IPO — Mint (center) ·
- Jio Platforms Lists At 21% Premium Over IPO Price, Becomes Second Most Valuable Company — ABP Live English (center) ·
- Jio Platforms IPO Breaks Records Across All Investor Categories, Says Akash Ambani at Q2 FY27 Earnings Call — LatestLY (left-leaning) ·