CatalystIndia

IPO Subscription status comparison: Reliance Jio IPO vs Hyundai IPO vs NSE IPO - Who won the race?

High-priority alert based on source significance and keyword relevance.

Context

What happened: Reliance Jio Platforms' IPO closed with 22.19 times subscription, led by institutional demand at 70.55 times, and is set to surpass Hyundai Motor India's 2024 IPO as India's biggest-ever offering. Key numbers: Jio total 22.19x, QIB 70.55x, NII 14x, retail 2.72x, employee 2.93x. Hyundai total 2.37x, QIB 6.95x. NSE total 5.71x, QIB 12.68x. Jio listing scheduled for Oct 28, 2026. Why it matters: The comparison shows Jio drawing far stronger demand across every segment than Hyundai and NSE, with its subscription multiples well above both earlier offerings.

What changed

Reliance Jio Platforms' IPO closed with 22.19 times subscription, led by institutional demand at 70.55 times, and is set to surpass Hyundai Motor India's 2024 IPO as India's biggest-ever offering.

Why it matters

The comparison shows Jio drawing far stronger demand across every segment than Hyundai and NSE, with its subscription multiples well above both earlier offerings.

Sources

mint