# Jio IPO Bids Hit 70,000 Crore

> Jio Platforms' IPO secures ₹70,000 crore in bids on day one, outpacing NSE and LIC issues.
- Title: Jio IPO Bids Hit 70,000 Crore · The Economic Times | Shortify
- Summary: Jio Platforms' IPO secures ₹70,000 crore in bids on day one, outpacing NSE and LIC issues. Jio Platforms' ₹30,213-crore IPO attracted bids worth ₹69,800…
- Keywords: jio platforms, ipo, reliance industries, mukesh ambani, nse, lic, gic, qib, nii, employee quota, shareholder portion, money
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/news/jio-ipo-bids-hit-70000-crore-on-day-1-outpaces-nse-lic-gic-issues/articleshow/135103495.cms
- Author: ET Bureau
- Published: 2026-10-22T00:56:00+00:00
- Read time: 1 min
- Topics: jio platforms, ipo, reliance industries, mukesh ambani, nse, lic, gic, qib, nii, employee quota, shareholder portion, money
## Jio IPO Subscription
Jio Platforms' ₹30,213-crore IPO was subscribed 3.16 times on day one, fully subscribed within 100 minutes.
## QIB Subscription
Qualified institutional buyers subscribed 9.42 times with bids for 461.5 million shares against 49 million shares reserved.
## Non-Institutional Subscription
Non-institutional investors subscribed 1.68 times with bids for 61.2 million shares against 36.4 million shares on offer.
## Retail Subscription
Retail investors subscribed 0.73 times with bids for 61.7 million shares against 85 million shares reserved.
## Employee Quota Subscription
Employee quota was subscribed 1.36 times with bids for 100 million shares against 100 million shares reserved.
## Shareholder Portion
Shareholder portion was subscribed 1.46 times with bids for 100 million shares against 100 million shares reserved.
## IPO Valuation
Bids valued at ₹69,800 crore at the upper end of the price band, exceeding previous Indian IPOs.
## Key takeaway

Jio Platforms' ₹30,213-crore IPO attracted bids worth ₹69,800 crore on day one, exceeding previous Indian IPOs.