Jio IPO anchor book subscribed over 30 times with marquee global investors

Jio IPO anchor book subscribed over 30 times with marquee global investors

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The Jio IPO anchor book, valued at Rs 8,110 crore, attracted demand of nearly Rs 2.5 lakh crore, marking the first time an Indian IPO has crossed this level of subscription. The offering saw participation from prominent global asset managers, sovereign wealth funds, domestic mutual funds, insurers, and pension funds, including BlackRock, GIC, Norges, and SBI Mutual Fund.

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Originally published by gnews