Jio's IPO Attracts Rs 2.5 Lakh Crore Anchor Demand
Jio Platforms' IPO has attracted an anchor demand of around Rs 2.5 lakh crore from institutional investors including BlackRock, GIC, and LIC. The Rs 30,200 crore IPO opens on October 21 with a price band of Rs 1,065 to Rs 1,119 per share. Proceeds will mainly be used to repay existing debt and strengthen financial stability.
ET Markets·



