The initial public offering (IPO) of Jio Platforms was fully subscribed within 100 minutes of opening on Wednesday amid a strong institutional demand, making it the fastest-ever subscribed IPO, according to news agency PTI.

The qualified institutional buyers (QIB) portion received 3.92 times the shares on offer, with the shares bids at 19,21,16,268 against the reserved portion of 4,90,07,827 shares, as per the data available on the BSE website.