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via timesofindia.indiatimes.comCapital Markets

Jio IPO subscribed over 5x as institutions bid big

FROM THE WIRE · TIMESOFINDIA.INDIATIMES.COM

MUMBAI: The maiden public offering for Jio Platforms, through which the company is raising Rs 30,213 crore, making it the largest such offer in India, was

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralIndia's largest-ever IPO by size, raising Rs 30,213 crore, can shape sentiment in Indian equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The maiden public offering of Jio Platforms raises Rs 30,213 crore.
  2. 02It is the largest such offer in India.
  3. 03Subscription exceeded 5 times the offer, with institutions bidding strongly.

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