# Jio IPO Draws Strong Global Fund Interest

> Global funds show strong interest in Jio's record-breaking ₹30,188-crore IPO.
- Title: Jio IPO Draws Strong Global Fund Interest · The Economic Times
- Summary: Global funds show strong interest in Jio's record-breaking ₹30,188-crore IPO. Jio Platforms' IPO attracts global institutional investors including GIC and…
- Keywords: jio platforms, reliance industries, mukesh ambani, ipo, initial public offering, global funds, anchor investor, money, business, Jio, Draws, Strong
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/ipos/fpos/jios-mega-ipo-draws-strong-interest-from-global-funds/articleshow/134979555.cms
- Author: Himadri Buch and Himanshi Lohchab
- Published: 2026-10-16T00:17:00+00:00
- Read time: 1 min
- Topics: jio platforms, reliance industries, mukesh ambani, ipo, initial public offering, global funds, anchor investor, money, business
## Jio IPO Interest
Jio Platforms has drawn interest from global institutional investors including sovereign wealth funds and asset managers like Allianz and BlackRock for its anchor book.
## IPO Valuation
The proposed ₹30,188-crore IPO will be India's largest historical offering, surpassing Hyundai Motor India's ₹27,859-crore record.
## Investor List
Investors showing interest include GIC, Fidelity, Norway's Government Pension Fund Global, New World Fund Inc, and Smallcap World Fund Inc.
## Domestic Bidders
Domestic investors such as SBI Mutual Fund, LIC India, ICICI Prudential Mutual Fund, HDFC Mutual Fund, and Kotak Mahindra Mutual Fund are potential bidders.
## Price Band
The IPO price band is ₹1,065-1,119 per share with a minimum bid of 12 shares and multiples of 12 thereafter.
## Employee Discount
Eligible employees applying under the employee reservation portion receive a ₹54 per share discount.
## Subscription Dates
The IPO opens for subscription on Oct 21 and closes on Oct 23, with anchor investor bidding starting Oct 19.
## Share Reservations
The company has reserved shares worth up to ₹2,500 crore for RIL shareholders and up to ₹500 crore for employees.
## Key takeaway

Jio Platforms' IPO attracts global institutional investors including GIC and BlackRock for its largest Indian offering.