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Jio IPO: Big players rush for Jio IPO, bids worth Rs 2.5 lakh crore for Rs 8,110 crore anchor book
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News18•19-10-2026, 15:39
Jio IPO: Big players rush for Jio IPO, bids worth Rs 2.5 lakh crore for Rs 8,110 crore anchor book
- •The IPO of Jio Platforms Ltd witnessed a massive rush among institutional investors as it opened for anchor investors.
- •Institutional investors placed bids over 30 times for the company's anchor book of Rs 8,110 crore, reaching a historic Rs 2.5 lakh crore.
- •World's largest asset management companies and sovereign wealth funds like BlackRock, GIC, and Fidelity have shown strong interest.
- •Top domestic institutional investors including SBI Mutual Fund, HDFC Mutual Fund, and LIC are also keen to invest in the IPO.
- •The unprecedented investor enthusiasm is driven by Jio's expansion from a telecom operator into an integrated digital ecosystem.
Key Questions Answered
Institutional investors placed bids exceeding Rs 2.5 lakh crore for the Rs 8,110 crore anchor book of Jio Platforms Ltd, marking India's first IPO to attract such massive demand.
The public issue of Jio Platforms opens for general subscription on October 21 and is scheduled to close on October 23.
Prominent global asset managers like BlackRock, Capital Group, Fidelity, and JPMorgan, alongside sovereign wealth funds such as GIC and ADIA, have submitted bids for the anchor book.
