Jio Platforms' initial public offering, the largest in India's history, asks investors to back more than a mobile network. In its prospectus, the operator that built its business on cheap data...
Meta's ₹43,573-crore investment in Jio Platforms could be worth ₹99,846 crore at the IPO price of ₹1,119 per share, implying a paper gain of 129.1%. But how much of this gain would translate into...
Jio Platforms' $3.2 billion IPO opens for subscription on October 21 after strong institutional demand, with the offering valuing Reliance Industries' telecom and digital business at $108.3 billion
Jio’s IPO opens its books for retail investors on Oct 21, and subscription ends on Oct 23.
Jio Platforms raised Rs 8,110 crore from anchor investors ahead of its Rs 30,213-crore IPO, with institutional bids leading the early subscription response
Jio drew enough investor bids to fulfill its IPO within two hours of opening on Wednesday; meanwhile the world is on course for 2.6C of warming, the UN says.
The IPO is expected to be an offer for sale, meaning existing investors would sell their shares and Jio would not raise new capital.
Jio Platforms’ Rs 30,213-crore fresh issue was fully subscribed in less than 100 minutes, with institutional demand driving the fastest subscription among India’s mega-IPOs
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