From mint · Sharmila Bhadoria · · 50s
Reliance Jio IPO Beats Hyundai and NSE
Reliance Jio IPO subscription status outpaces Hyundai and NSE IPOs.
In brief
Reliance Jio IPO subscription status outpaces Hyundai and NSE IPOs. Reliance Jio Platforms IPO closed with 22.19x subscription, surpassing Hyundai's 2024 IPO as India's largest offering. Originally reported by mint.
Reliance Jio IPO Subscription
Reliance Jio Platforms IPO closed with 22.19 times subscription by day three.
Hyundai Motor India IPO
Hyundai Motor India IPO closed with 2.37 times subscription by day three in October 2024.
NSE IPO Subscription
NSE IPO closed with 5.71 times subscription by day three in September 2026.
Jio Platforms Subscription Breakdown
Jio Platforms received 70.55x from QIB, 14x from NII, and 2.72x from retail investors.
Jio IPO Surpasses Hyundai
Reliance Jio IPO is set to become India's biggest ever IPO after dethroning Hyundai's 2024 offering.
The short version
Reliance Jio Platforms IPO closed with 22.19x subscription, surpassing Hyundai's 2024 IPO as India's largest offering.
