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Investors across categories sought to buy 4.38 billion shares in public bids, against 197.5 million shares on offer, combined data from both stock exchanges showed. Along with the anchor book, where global and domestic bulge-bracket investors bid more than ₹2.5 lakh crore, the total bid value for the 30,213-crore IPO was ₹7.41 lakh crore. Read more: Jio IPO breaks 12 records: Rs 4.5 lakh crore bids, highest applications and more Jio had allotted shares worth ₹8,109.85 crore to anchor investors at ₹1,119 a share, with domestic mutual funds accounting for 34.34% of the anchor book allocation. Institutional investors led the demand in the IPO bidding process. The qualified institutional buyers' (QIB) portion was subscribed 70.55 times, receiving bids for 3.46 billion shares against 49 million shares reserved for the category. Domestic financial institutions, including banks and insurance companies, bid for 1.52 billion shares, while foreign institutional investors bid for 1.24 billion shares. Mutual funds bid for 357 million shares, and other investors in the QIB category bid for 336.2 million shares. Read more: Jio IPO ends with over 22X oversubscription; QIB portion booked 70 times. Check GMP, other details The non-institutional investor (NII) segment was subscribed 14 times, with bids for 510 million shares against 36.4 million shares reserved for the category. Within this segment, investors bidding for more than ₹10 lakh subscribed their portion 15.89 times, while the category for bids between ₹2 lakh and ₹10 lakh was subscribed 10.21 times. Retail investors bid for 231.1 million shares against 85 million shares reserved for them, taking subscription to 2.72 times. The employee portion was subscribed 2.93 times, while the shareholder quota received bids for 169.7 million shares against 22.3 million shares on offer, translating into 7.60 times subscription. The IPO was fully subscribed within about 100 minutes of opening, led by institutional demand. The IPO was priced in the band of ₹1,065-1,119 per share. The entire IPO of Jio Platforms, the digital and telecom arm of Reliance Industries led by Mukesh Ambani, has been through a fresh share issue with no offer-for-sale component. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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