BlackRock and GIC Join Heavy Demand for Jio Platforms’ $3.2 Billion IPO
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Jio Platforms’ anchor book drew bids worth 2.5 trillion rupees ($26.3 billion), more than 30 times the available quota. The Reliance Industries-owned company allocated 72.47 million shares at 1,119 rupees each and aims to raise up to 302 billion rupees ($3.2 billion).
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