Strong Buzz! Reliance Jio Said to See over $20 Billion Bids as Investors Line up for India's Biggest IPO

Jio Platforms attracts more than $20B in bids ahead of record India IPO

Jio Platforms has drawn more than $20B in bids for what would be India’s largest listing, with Fidelity, Allianz and Capital Group indicating interest. The company is now seeking about $108B, against the $170B bankers discussed last November. Jio Platforms has drawn more than $20B in bids for what would be India’s largest listing. The […] This story continues at The Next Web

Big IPO buzz! Jio Platforms reportedly attracts over $20 billion in bids ahead of India's biggest issue; GMP hits ₹200

Jio Platforms has reportedly received more than $20 billion in bids for its planned IPO, which could become India’s largest. The company is targeting a valuation of up to $108 billion, with domestic and global investors showing interest. 

Strong buzz! Reliance Jio said to see over $20 billion bids as investors line up for India's biggest IPO

Jio Platforms has received over $20 billion in bids ahead of its proposed IPO, Bloomberg reported, with global investors including Fidelity, Allianz and Capital Group expressing interest. The issue could raise around Rs 30,200 crore at a valuation of Rs 10.3 lakh crore, making it Indias largest-ever IPO.

Strong buzz! Reliance Jio sees over $20 billion bids as investors line up for India's biggest IPO

Jio Platforms Ltd. is generating tremendous interest for its forthcoming initial public offering, with over $20 billion already attracted. The company targets a valuation around 10.3 trillion rupees, or $108 billion. Notable global investors such as Fidelity and Allianz are on board for this primary issue IPO. Expect the launch next week, as final anchor investor discussions are underway.

Jio Platforms Said to Draw More Than $20 Billion in Bids for IPO

Jio Platforms Ltd. has drawn more than $20 billion in bids for what could be India’s biggest-ever initial public offering, according to people familiar with the matter.