Jio IPO anchor book sees huge demand ahead of public issue
- • Jio Platforms’ ₹8,110-crore anchor book attracted over 30 times the demand, with institutional bids worth nearly ₹2.5 lakh crore.
- Global investors including BlackRock, Fidelity, Singapore’s GIC and Norway’s Norges Bank showed interest in the IPO.
- Indian institutions, including SBI Mutual Fund, HDFC Mutual Fund and LIC, also sought allocations ahead of Jio’s public issue opening on October 21.
Source: moneycontrol.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android



