Jio IPO: The rapid subscription was notable because large IPOs in India often see a slow start, with institutional investors typically placing their bids closer to the closing deadline. By comparison, the National Stock Exchange of India’s share sale recently attracted subscriptions for just 42% of the shares on offer on its first day Jio IPO: The rapid subscription was notable because large IPOs in India often see a slow start, with institutional investors typically placing their bids closer to the closing deadline. By comparison, the National Stock Exchange of India’s share sale recently attracted subscriptions for just 42% of the shares on offer on its first day
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