Very strong institutional demand for Jio Platforms ahead of its IPO
FinTech BizNews Service
Mumbai, 19 October, 2026: Jio Platforms has witnessed a very strong institutional demand ahead of its IPO, scheduled to open on 21 Oct 2026.
Jio Platforms has reportedly raised Rs8,110 crore against a massive demand of nearly Rs2.5 lakh crore (over 30x subscribed) ahead of the public issue opening on October 21, 2026.
Key Details of the Jio Platforms Anchor Book
Jio Platforms has attracted anchor bids amounting to over Rs2.5 Trillion (Rs2.5 lakh crore) against the anchor allocation of Rs81.10 Bn. This amount (Rs2.5 Trillion) indicates the huge demand over 30 times the amount on offer for anchor book.
The leading participating institutions included global asset managers (BlackRock, Fidelity, Capital Group, etc.), sovereign funds (GIC, ADIA, QIA, Norges Bank), and prominent domestic institutions like SBI, HDFC, and ICICI Prudential Mutual Funds.
