Jio IPO draws Rs 2.5 lakh crore in anchor bids from over 70 investors

Jio Platforms’ Rs 30,188 crore IPO has attracted institutional bids worth around Rs 2.5 lakh crore, more than 30 times the size of its anchor book. Over 70 investors, including global asset managers, sovereign wealth funds, domestic mutual funds and insurers, have expressed interest ahead of the…

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