# Jio Platforms IPO Draws Record Institutional Bids

> Jio Platforms' IPO anchor book secures 30.8x bids worth Rs 2.5 lakh crore ahead of October 21 listing.
- Title: Jio Platforms IPO Draws Record Institutional Bids | Shortify
- Summary: Jio Platforms' IPO anchor book secures 30.8x bids worth Rs 2.5 lakh crore ahead of October 21 listing. Jio Platforms' IPO attracted record institutional bids…
- Keywords: jio platforms, ipo, mukesh ambani, reliance industries, mutual funds, anchor book, business, money, news, Jio, Platforms, Draws
- Source: Financialexpress — https://financialexpress.com/market/ipo-news-jio-platforms-anchor-book-draws-demand-of-over-rs-2-5-lakh-crore-4364671
- Author: Urvi Malvania
- Published: 2026-10-19T08:52:57+00:00
- Read time: 1 min
- Topics: jio platforms, ipo, mukesh ambani, reliance industries, mutual funds, anchor book, business, money, news
## Jio Platforms IPO Anchor Book
Jio Platforms' anchor book attracted record institutional bids of Rs 2.5 lakh crore ahead of its October 21 public subscription.
## 30.8x Subscription Demand
The anchor book attracted bids worth 30.8 times the Rs 8,110-crore allocation at the upper end pricing of Rs 1,119 per share.
## Record Institutional Demand
This marks India's highest institutional demand for an IPO ahead of its October 21 public subscription.
## Global and Domestic Investors
Over 200 investors including global asset managers, sovereign wealth funds, and domestic mutual funds participated in the bidding.
## Key Participants
Participants included BlackRock, Capital Group, Fidelity, T Rowe Price, and Indian family offices like Enam and HCL.
## Historical Context
ADIA invested Rs 5,683.50 crore in Jio Platforms in 2020 for a 1.16% stake, valuing the company at Rs 4.91 lakh crore.
## IPO Details
The IPO opens on October 21 and closes on October 23 with a face value of Rs 10 per share.
## Key takeaway

Jio Platforms' IPO attracted record institutional bids of Rs 2.5 lakh crore, 30.8 times the allocation, ahead of its October 21 public subscription.