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Jio Platforms IPO Anchor Book Draws Over Rs 2.5 Lakh Crore in Record Institutional Demand
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CNBC TV18•19-10-2026, 14:22
Jio Platforms IPO Anchor Book Draws Over Rs 2.5 Lakh Crore in Record Institutional Demand
  • •Jio Platforms Ltd’s Rs 8,110 crore anchor book received massive institutional demand exceeding Rs 2.5 lakh crore, which is more than 30 times the shares on offer.
  • •This marks the first time an Indian IPO has crossed this massive demand threshold, setting a new benchmark in capital markets.
  • •The anchor book attracted over 200 investor lines including top global funds, sovereign wealth funds, and domestic mutual funds.
  • •Prominent global investors like BlackRock, Capital Group, Fidelity, GIC, and ADIA participated alongside leading Indian institutional investors.
  • •The mega IPO is scheduled to open for public subscription on Wednesday, October 21.

Key Questions Answered

Jio Platforms Ltd’s ₹8,110 crore anchor book attracted aggregate institutional demand exceeding ₹2.5 lakh crore, which is more than 30 times the shares available on offer.

The public subscription for the Jio Platforms IPO is scheduled to open on Wednesday, October 21, and will close on October 23, 2026.

Jio Platforms aims to raise around ₹30,213 crore through its initial public offering, with the price band fixed between ₹1,065 and ₹1,119 per share.