Jio IPO draws ₹7.4 lakh crore in bids, sets record
India’s biggest ever share sale ended on Friday with demand that few had expected. Jio Platforms, the digital and telecom arm of Reliance Industries, closed its initial public offering with total bids worth about ₹7.4 lakh crore, including money committed by anchor investors before the public sale began. The ₹30,213 crore issue was subscribed 22.19 … Read more
