BusinessPhoto: Mint MarketsReliance Jio IPO Anchor Bids Exceed $25 Billion
Reliance Jio Platforms' IPO raised anchor bids worth over $25 billion, more than 30 times the shares available. The ₹30,213 crore IPO attracted top global and domestic investors. The company plans to use up to ₹27,500 crore from the proceeds to repay Reliance Jio Infocomm's borrowings, strengthening its financial position.
Mint Markets·




