SMAR Daily Industry News

Reliance Jio IPO: Massive bids top $25 bn amount for anchor book! How Mukesh Ambani firm attracted top-notch investors

Reliance Jio Platforms’ ₹30,213 crore IPO drew anchor bids exceeding 30 times the available shares, attracting major global and domestic investors. The company plans to use up to ₹27,500 crore of proceeds to repay Reliance Jio Infocomm...

Read more: https://www.livemint.com/market/ipo/reliance-jio-i...