Jio Platforms' Rs 30,213 crore initial public offering (yaani about Rs 302 billion) closed its second day of bidding on Thursday subscribed 5.19 times overall, according to the final Day 2 subscription snapshot reported by The Hindu BusinessLine from exchange demand data.

Source: The Hindu BusinessLine — Jio IPO Day 2 live updates, Oct 22, 2026

Qualified institutional buyers led the demand, subscribing 12.32 times the shares reserved for their category. Non-institutional investors subscribed 5.50 times — with bids above Rs 10 lakh at 6.18 times and bids between Rs 2 lakh and Rs 10 lakh at 4.15 times — while retail individual investors subscribed 1.48 times, employees 2.03 times and Reliance Industries shareholders 3.84 times, The Hindu BusinessLine reported.

Source: The Hindu BusinessLine — Jio IPO Day 2 live updates, Oct 22, 2026

The build-up through the day was also tracked independently by Upstox, whose live blog recorded the issue at 4.81 times in the afternoon with bids for 95.05 crore shares against 19.75 crore shares on offer and QIB demand at 11.41 times, before the close took the total to 5.19 times. HDFC Sky had reported 3.48 times by 11 am, with the retail portion crossing full subscription during the morning.

Source: Upstox — Jio Platforms IPO Day 2 live updates, Oct 22, 2026

The issue, priced in a band of Rs 1,065 to Rs 1,119 per share with a lot size of 12 shares (a minimum retail application of Rs 13,428 at the upper band), opened on October 21 and closes on Friday, October 23. It had ended Day 1 subscribed 3.16 times. Sources: The Hindu BusinessLine, Upstox and HDFC Sky, all reporting exchange subscription data on October 22, 2026.