Jio IPO breaks 12 records: Rs 4.5 lakh crore bids, highest applications and more

Jio's public issue drew bids worth Rs 4.5 lakh crore from more than 1.25 crore applications, making it India's largest IPO by bid value and the first globally to receive over one crore applications. QIB bids reached Rs 3.87 lakh crore, non-institutional bids exceeded Rs 1 lakh crore, and the issue was subscribed more than 20 times on the final day; allotment is expected on October 26 and the BSE and NSE listing on October 28.