Jio Platforms' ₹30,213-crore IPO drew bids totaling ₹3.73 lakh crore, subscribing 5.57 times overall, with QIBs at 13.29 times and retail at 1.54 times. Anchor investors committed about ₹8,110 crore. The offering, priced ₹1,065 to ₹1,119, will chiefly repay Reliance Jio Infocomm borrowings, with remaining proceeds for growth capital expenditure and working capital.
