Jio Platforms' anchor book draws record ₹2.5 lakh crore in bids ahead of IPO
Jio Platforms received bids worth ₹2.5 lakh crore for its anchor book ahead of its IPO, which opens for public subscription on October 21. The company allotted 7.24 crore shares at ₹1,119 each to 212 anchor investors, reflecting demand exceeding 30 times the available amount. This strong interest signals robust market confidence in Jio's upcoming public offering.