Jio IPO Raises Rs 7.5 Lakh Crore with 1.3 Crore Investors
Jio's IPO has collected a record Rs 7.5 lakh crore from nearly 1.3 crore investors. In the unofficial market, speculators expect the company to list at around Rs 1,370, which is a premium of about Rs 250 over the IPO price band of Rs 1,065 to Rs 1,119. The current grey market premium is near Rs 273, the highest before the IPO opened.
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