New Delhi, Oct. 20 -- Reliance Jio Platforms' upcoming initial public offering (IPO) has attracted massive institutional interest, with bids for its anchor investor portion exceeding $25 billion or more than 30 times the shares available for allocation. Jio Platforms allocated shares worth more than Rs.8,100 crore to anchor investors, according to a company filing.

The strong demand highlights the attention global investment heavyweights are paying to Mukesh Ambani's telecom and digital services business ahead of its stock market debut.

The company opened its anchor book on Monday, October 19, allowing institutional investors to bid for shares ahead of the public issue, which opens on Wednesday, October 21.

Jio Platforms' anchor book a...