Reliance Jio IPO GMP today: Day 2 subscription nears 3.76x! QIB, NII or retail - Which segment is driving biggest demand
Mint 1 hr ago·22 Oct 2026, 7:58 am
Reliance Jio’s initial public offering (IPO) continued to see robust demand on its second day of subscription. The issue has been subscribed 3.76 times overall, indicating strong interest from investors across the board. The qualified institutional buyer (QIB) segment has been the primary driver, subscribed 9.61 times, while the non-institutional investor (NII) portion was subscribed 3.03 times. The retail investor segment has also been fully subscribed.
This high subscription level, particularly from institutional investors, suggests strong confidence in the company’s fundamentals. For investors, this signals a healthy start to the issue, potentially leading to a strong listing. The focus now shifts to the final subscription figures on the last day to gauge the final demand and potential listing premium.
Excerpt from Mint
Reliance Jio’s IPO drew strong demand on its second subscription day, led by qualified institutional buyers. It was subscribed 9.61 times by QIBs, 3.03 times by non-institutional investors and fully subscribed by retail investors. Reliance Jio IPO GMP today: Jio Platforms’ initial public offering (IPO) continues to…Read the original at Mint
Key takeaways
- Category: Corporate Action.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
