Jio Platforms' Rs 8,110-crore anchor book attracts over Rs 2.5 lakh crore in institutional demand; draws marquee global investors
Mumbai, Oct. 20 -- Jio Platforms Limited's Rs 8,110-crore anchor book has attracted aggregate institutional demand of over Rs 2.5 lakh crore, marking the first time an Indian initial public offering (IPO) has crossed this milestone.
The anchor book received demand of more than 30 times the amount on offer, reflecting strong interest from domestic and global institutional investors, including leading asset managers, sovereign wealth funds, pension funds, global technology-focused investors and prominent Indian family offices.
The breadth of participation is reflected in more than 200 investor lines, highlighting the depth of commitment across fund houses and their individual investment schemes.
The anchor allocation features some of the...
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