Jio’s $3.2 Billion IPO Draws Strong Demand
Jio’s $3.2 billion IPO drew strong demand despite global jitters, with the offering highlighting investor interest in the telecom company’s digital ambitions.
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Jio Platforms IPO Draws More Than Four Times Demand on Second Day
The USD 3.2 billion offering drew strong bids on its second day. Institutional investors bid for 9.78 times their reserved shares, while the retail quota filled.
India's NSE IPO draws over $10 billion demand ahead of listing
The National Stock Exchange of India's IPO drew bids worth more than $10 billion by its final day, oversubscribing by 5.7 times the shares on offer. Institutional buyers led the demand, bidding for 12.68 times their reserved portion.