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Mukesh Ambani’s Jio Platforms is raising up to $3.2 billion at a valuation of as much as $108.3 billion. The IPO was fully subscribed in less than two hours of public bidding this week.
Reliance Industries' Jio Platforms is seeking to raise more than $3 billion in an IPO, offering 270 million shares at a range starting at 1,065 rupees. The listing could be India's largest ever.