Jio’s $3.2 Billion IPO Draws Strong Bids on Final Day
Investors’ subscriptions for Jio Platforms’ $3.2 billion offering surged further on the final day of bidding, according to the report.
Subscriptions for Indian billionaire Mukesh Ambani’s first IPO in two decades rose further on Friday, the final day of bidding. Investors backed Jio Platforms’ $3.2 billion offering, seeking exposure to India’s telecom and digital sector.