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Jio Platforms is set to list in Mumbai on Wednesday after its $3.2 billion IPO drew $77 billion in bids, the most-subscribed offering in India. The company was valued at up to $108.3 billion.
Jio will be India's fourth-largest listed company by market value Market indicates 15%-20% gain on market debut Meta and Google-backed firm is India's largest telecom player By Vivek Kumar M and Bharath Rajeswaran Oct 15 (Reuters) — Indian billionaire Mukesh Ambani's Jio Platforms IPO is fairly valued, leaving room for
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.