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Jio Platforms raises ₹8,110 crore from 212 anchor investors ahead IPO; LIC, New World Fund among top investors

vialivemint.com19 Oct
Jio Platforms raises ₹8,110 crore from 212 anchor investors ahead IPO; LIC, New World Fund among top investors
Jio Platforms allotted shares worth ₹8,110 crore to 212 anchor investors at ₹1,119 per share ahead of its October 21 IPO. LIC received the largest allocation. The company aims to raise about ₹30,213 crore, valuing it at approximately $108 billion at the top of its price band.

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