Jio IPO Sets Record with 30x Demand Before Opening
Before its official opening on October 21, the Jio IPO led by Mukesh Ambani has set a record by receiving demand 30 times higher than the anchor investors' allocation. Major companies like LIC, HDFC Mutual Fund, and SBI Mutual Fund are investing in the IPO. The grey market premium (GMP) indicates strong earnings potential even before the IPO launch.
Navbharat Times·




