Jio IPO Sets Record with 30x Demand from Anchor Investors
Jio's IPO created a record before opening, receiving 30 times more demand from anchor investors alone. Major firms like LIC, HDFC MF, and SBI MF are investing in the IPO, which opens on October 21. Institutional investors have bid ₹2.5 lakh crore, with anchor investors allotted shares worth ₹8,110 crore, including ₹500 crore shares to LIC.
Navbharat Times·



