Jio Platforms Raises About ₹8,110 Cr From Anchor Investors

Ahead of opening its public issue on Wednesday (October 19), telecom major Jio Platforms has raised ₹8,109.8 Cr from anchor investors. The company allotted 7.25 Cr equity shares to anchor investors at a price of ₹1,119 per share, the upper end of its price band. Around 2.48 Cr shares, more than a third of the overall, were picked up by 25 domestic mutual funds via a total of 95 schemes.