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Jio Platforms Draws Over 20 Billion Dollars in Bids for Massive IPO
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Moneycontrol•13-10-2026, 16:44
Jio Platforms Draws Over 20 Billion Dollars in Bids for Massive IPO
- •Jio Platforms Ltd has attracted over $20 billion in bids for what could become India’s largest-ever initial public offering.
- •Prominent global investors including Fidelity, Allianz, and Capital Group have expressed interest in the offering.
- •The company is targeting a valuation of up to $108 billion in the upcoming IPO.
- •Akash Ambani, managing director of Jio Platforms, has been actively leading investor meetings across major global financial hubs.
Key Questions Answered
Jio Platforms has drawn more than $20 billion in bids for its initial public offering and is aiming for a valuation of up to 10.3 trillion rupees ($108 billion).
Akash Ambani, the 34-year-old managing director of Jio Platforms and son of Mukesh Ambani, has been leading the deal meetings across cities like Hong Kong, London, and New York.
Global institutional investors including Fidelity, Allianz, and Capital Group, alongside other international and local firms, have indicated strong interest in participating in the public offering.
