Jio Platforms Sets Historic IPO Record as Investor Bids Cross $77 Billion
Jio Platforms Creates History With Record-Breaking IPO Demand Jio Platforms, the telecommunications and digital services business backed by billionaire Mukesh Ambani’s Reliance Industries, has created a major milestone in India’s capital markets after attracting more than $77 billion in bids for its initial public offering (IPO). The offering became India’s most subscribed IPO by demand,…