The retail portion of <a href="https://www.mid-day.com/business/business-news/article/jio-platforms-ipo-price-band-set-at-rs-1065-to-rs-1119-per-share-for-indias-largest-issue--23655163" target="_blank" rel="none noopener">Jio Platforms' initial public offering</a> has been fully subscribed, within two hours into the second day of bidding on Thursday, according to BSE data.
By 11:00 am, the retail individual investors category got fully subscribed.
Qualified institutional buyers led the demand at 9.42 times, followed by non-institutional investors at 2.34 times. The shareholders' portion was subscribed 2.06 times, while the employees' quota saw 1.61 times subscription.
Overall, the issue was subscribed 3.47 times at 11:00 am on Day 2, the exchange data showed.
On Wednesday, the opening day of the IPO, <a href="https://www.mid-day.com/business/business-news/article/jio-platforms-ipo-gets-fully-subscribed-on-day-1-led-by-qualified-institutional-buyers-23656207" target="_blank" rel="none noopener">Jio Platforms Ltd's Rs 30,213-crore initial public offering was fully subscribed</a> within 100 minutes, making it the fastest-subscribed mega public issue in India, with investors placing bids worth about Rs 69,800 crore for 62.36 crore shares by 5 pm.
The offering will remain open until October 23.
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The shareholders` portion was subscribed 2.06 times, while the employees` quota saw 1.61 times subscription

 Jio Platforms IPO: Retail portion of the issue fully subscribed

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Qualified institutional buyers led the demand at 9.42 times, followed by non-institutional investors at 2.34 times. The shareholders' portion was subscribed 2.06 times, while the employees' quota saw 1.61 times subscription

Retail portion of Jio Platforms' IPO fully subscribed on Day 2

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