Through the parent company State Bank of India, State Bank of India Securities can provide investors with up to 60% financing for the Jio Platforms Ltd IPO subscription capital. The IPO was sold out within two hours of opening. The first-day subscription ratio was close to three times, with some subscription multiples for qualified institutional investors reaching nine times. The brokerage firm attracts new customers through reservation subscriptions, IPO financing, etc., and encourages old customers to participate in Jio's IPO subscription as soon as possible.

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