BusinessPhoto: Mint MarketsJio Platforms IPO Sees Surge in Investor Bids on Final Day
On the final day of bidding for Jio Platforms' IPO, subscriptions surged over seven times the allotted shares, with total demand exceeding $15 billion. Anchor investors like Abu Dhabi Investment Authority, BlackRock, and Fidelity also placed bids worth over $25 billion. Valued up to $108.3 billion, Jio's IPO is India's largest ever and will begin trading on October 28, amid strong interest linked to its AI potential.
Mint Markets·




