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Oct 13 (Reuters) — Jio Platforms Said To Draw More Than $20 Billion In Bids For Ipo - Bloomberg News Global Investors Including Fidelity, Allianz And Capital Group, As Well As Other International And Local Firms Have Indicated Interest In Jio Ipo - Bloomberg News Source text: [ Further company coverage: RELI.NS (Reuter
Bloomberg News reports that Jio Platforms is said to have drawn more than $20 billion in bids for its IPO.
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.