Jio Platforms IPO Attracts Rs 2.5 Lakh Crore in Anchor Bids from Over 70 Investors

Jio Platforms' Rs 30,188 crore IPO has received institutional bids totaling around Rs 2.5 lakh crore, which is more than 30 times the size of its anchor book. Over 70 investors, including global asset managers, sovereign wealth funds, domestic mutual funds, and insurers, have shown interest ahead of the IPO opening on October 21.

Originally published by gnews