Reliance Jio IPO Anchor Bids Exceed $25 Billion
Bids for the anchor investor portion exceed $25 billion, more than 30 times the shares available for allocation. Jio Platforms allocated shares worth more than [truncated].
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 tha…