Jio Platforms IPO Attracts Rs 2.5 Lakh Crore Institutional Demand
Jio Platforms’ Rs 30,200 crore IPO drew about Rs 2.5 lakh crore in institutional demand ahead of its public opening. The Rs 8,110 crore anchor book also featured participation from global and domestic investors.
Jio Platforms’ Rs 30,200 crore initial public offering has attracted institutional demand of about Rs 2.5 lakh crore ahead of the public issue, with participation from global asset managers, sovereign wealth funds, domestic mutual funds, insurers and pension funds.The Rs 8,110 crore anchor book rec…