Reliance Industries stock surges 2% as Jio IPO gets fully subscribed in 100 minutes
Shares of Mukesh Ambani-led Reliance Industries (RIL) rose around 2% on Wednesday after its digital subsidiary, Jio Platforms, saw its Rs 30,213-crore initial public offering (IPO) fully subscribed within just 100 minutes of opening. The pace set a record for the quickest full subscription of a public issue.
Shares of Mukesh Ambani-led Reliance Industries (RIL) rose around 2% on Wednesday after its digital subsidiary, Jio Platforms, saw its Rs 30,213-crore initial public offering (IPO) fully subscribed within just 100 minutes of opening. The pace set a record for the quickest full subscription of a public issue.
What's Your Reaction?
