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via economictimes.indiatimes.comCapital Markets

Jio Platforms' IPO draws Rs 2.5 lakh crore in anchor bids

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Global investors included BlackRock Global Funds, Capital Group, Fidelity, New World Fund and American Funds Developing World Growth and Income Fund. Other overseas participants included Abu Dhabi Investment Authority (ADIA), Janus Henderson, Societe Generale, Morgan Stanley…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralStrong global institutional demand for a large IPO, relevant to capital flows into India.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Anchor investors include BlackRock, Capital Group and Fidelity.
  2. 02Other participants include ADIA, Norway's Government Pension Fund Global and Morgan Stanley Investment Funds.
  3. 03Total anchor bids amount to Rs 2.5 lakh crore.

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