Jio Platforms Raises Rs.8,110 Crore From 212 Investors Ahead of IPO
New Delhi, Oct. 20 -- Ahead of its initial public offering (IPO), Jio Platforms has raised approximately Rs.8,110 crore from 212 anchor investors, including major global asset managers, sovereign wealth funds, domestic mutual funds and insurance companies.
The Reliance Industries subsidiary allotted about 7.25 crore equity shares at Rs.1,119 apiece, the upper end of its IPO price band, on October 19, 2026.
The anchor book reportedly attracted bids worth more than Rs.2.5 lakh crore, over 30 times the amount available for allocation. The figure points to substantial institutional interest, although the actual funds allotted were limited to approximately Rs.8,110 crore.
Jio's public issue, expected to be India's largest, will open for sub...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.