Reliance Jio IPO: LIC, leading MFs, AMCs and global investors eye issue, say reports
60-Word AI Digest
Jio Platforms’ proposed ₹30,188-crore IPO has reportedly drawn nearly ₹2.5 lakh crore in commitments from global and domestic institutional investors. The issue is scheduled to open on 21 October, with proceeds intended partly to repay borrowings at Reliance Jio Infocomm.
Key Takeaways
- Jio Platforms’ proposed ₹30,188-crore IPO has reportedly drawn nearly ₹2.5 lakh crore in commitments from global and domestic institutional investors.
- The issue is scheduled to open on 21 October, with proceeds intended partly to repay borrowings at Reliance Jio Infocomm.
- Full details and original dispatch available below.
Jio Platforms’ proposed ₹30,188-crore IPO has reportedly drawn nearly ₹2.5 lakh crore in commitments from global and domestic institutional investors. The issue is scheduled to open on 21 October, with proceeds intended partly to repay borrowings at Reliance Jio Infocomm.
Original Publisher Attribution
This summary was curated from Check latest GMP price today.