Reliance Jio’s Initial Public Offering (IPO) subscription status is managed by various parties involved in the process. However, the primary entity behind the IPO subscription status is Reliance Industries Limited, the parent company of Jio Platforms.
The IPO was subscribed 1.89 times on the final day of bidding, with the qualified institutional buyers (QIBs) portion being subscribed 3.32 times. The non-institutional investors’ portion was subscribed 1.01 times, and the retail individual investors’ portion was subscribed 1.44 times.
The article from Livemint does not provide information on the specific individuals or entities behind the IPO subscription status. It does mention that the company received bids for 7.32 times the number of shares on offer, indicating strong demand for the IPO. The article also provides details on the IPO’s overall subscription status, but it does not specify the individuals or entities responsible for managing the subscription process.