Reliance Jio IPO: LIC, leading MFs, AMCs and global investors eye issue, say reports | Check latest GMP price today
New Delhi, Oct. 18 -- Jio Platforms' upcoming IPO has reportedly attracted nearly Rs.2.5 lakh crore in commitments, reflecting strong interest from major global and domestic institutional investors ahead of the public issue.
Global investors, including sovereign wealth funds and prominent asset managers such as Allianz and BlackRock, have reportedly expressed interest in participating in the anchor book of the Rs.30,188-crore offering. The IPO is expected to be the largest in India's history.
Domestic institutions, including the Life Insurance Corporation of India (LIC), SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund and Kotak Mahindra Mutual Fund, are also among the prospective investors, according to media reports.
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