Jio Platforms Raises About ₹8,110 Cr From Anchor Investors
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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. Domestic mutual funds that anchored Jio’s IPO were SBI Mutual Funds, HDFC Mutual Fund, ICICI Prudential Mut
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. Domestic mutual funds that anchored Jio’s IPO were SBI Mutual Funds, HDFC Mutual Fund, ICICI Prudential Mut
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